单词 |
bylaw amendment limitation |
释义 |
Bylaw Amendment Limitation Bylaw Amendment LimitationA restriction on the process of amending the bylaws of a publicly-traded company. Examples of bylaw amendment limitations include requirements for a supermajority of shareholders to agree, or a provision rendering certain bylaws unamendable. Bylaw amendment limitations can be part of an anti-takeover measure and are governed by state law. See also: Charter amendment limitations. |
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