Small Business Reading Room

Wednesday, August 10, 2005

Super Directors Clarified

The changes to Title 8 of the Delaware General Corporation Law have allowed new flexibility in naming super directors. The text of the changes is available at the State website.

From the synopsis:
"The amendments to Section 141(d) provide that the certificate of incorporation may confer greater or lesser voting powers on one or more directors, whether or not such director or directors is or are separately elected by the holders of any class or series of stock."

posted by Larry at 3:57 PM - permalink 0 comments

Small Business Reading Room

Super Directors Clarified

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