Section 14. The first meeting of such corporation, unless otherwise provided in its act of incorporation, shall be called by a notice, signed by the person or by a majority of the persons named in such act, setting forth the time, place and purposes of the meeting, and delivered seven days at least before the meeting to each member or published in a newspaper of the county where the corporation is established. If all the persons so named shall, in writing, upon the charter or a certified copy thereof, waive such notice and fix the time and place of the meeting, no notice shall be required. The persons so named and their associate subscribers to stock before the date of the act shall hold the franchise or privileges granted until the corporation is organized.
Section: Previous 10 11 12 12A 12B 12C 13 14 15 16 17 18 19 20 21 NextLast modified: September 11, 2015