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Question

Stockholder A pass 33 1/3 percent of all stock outstanding stock, Stockholder B and C
66 2/3 of all stock. Question is can B and C remove a as a director of the corporation without holding a meeting where A is invited
to the meeting thank you

Submitted: 61 days and 22 hours ago.
Category: Legal
Value: $38
Status: AWAITING CUSTOMER ACTION
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State/Country relating to Question: Florida

Answer

Good Morning,

 

Thank you for choosing JustAnswer, I will be glad to help you with your question

 

A special meeting of the stockholders is necessary to remove a director and poper notice must be given - Time, Place, Reason for the special meeting. A mere "invitation" to a stockholders meeting without more is not enough to hold a vote to remove one of the tockholders.

 

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Thank you and Good Luck!

 

ANDREA, JD, LL.M., Taxation

Member, NY & PA Bar

 

DISCLAIMER: The facts stated herein are information only and are not intended, nor should be construed as legal advice or legal opinion and No Attorney-Client relationship is formed by asking questions and receiving information; laws vary from state to state and to protect your interests, you should seek local counsel

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Expert: Andrea
Pos. Feedback: 98.9 %
Accepts: 
Answered: 9/21/2009

Attorney

25 yrs exp successfully representing clients in my real estate, family law and criminal defense

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