• shareholders can amend bylaws with approval of outstanding shares
  • shareholders with at least 10% of of voting rights can call meetings to amend the bylaws (600(d))
  • shareholders may remove directors for any reason by a majority of outstanding shares
  • shareholders get first shot at filling vacancies created by removal
  • if a vote of shareholders representing 50% or more of the shareholders the corporation can wind up and dissolve

Copyright © Thompson Resources, 1999, all rights reserved.