‘Vote Required Bightof | availability of
fromthe | Vote Required from the | Holders of
Power ofthe Corporation | Board of ‘Stockholder Members Now-Voting Aporaisal
| Directors SharestoVore | Right
Extend or shorten corporate wy
oe Majori
Amendment of atiles of | spony
incorporation’
Sule or other disposition of
allo substantially all ofits | Majority
Tavestment of corporate
funds in another corporation
for business or forany other | Malority
purpose’
‘Merger or consolidation” | Majority
Therease or decrease capital jority
ee Mai
Tncur, create or mevease Majority
bonded indebtedness!
‘Voluniary dissolution where
no creditors are atfected'® | _ Malory
‘Voluntary dissolution where
aa, Majority
Dee Majority
“Amendment tothe plan of 7
‘merger or consolidation” Malority
Deny pre-emptive right Majority
Amendment of by-laws! | Majority
Enter into management
ee Majority
Acquine own shares™ Majority ‘None WA Nx
Declare eash or property 5
dividends" Majori ‘None NA NIA,
NOTE: Corporations ALWAYS exercise its powers through at east majority ots board of diestrs or trustees‘VOTING REQUIREMENTS
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