§ 1760. Voting by fiduciaries and pledgees.
Shares of a business corporation standing in the name of a trustee or other fiduciary and shares held by an assignee for the benefit of creditors or by a receiver may be voted by the trustee, fiduciary, assignee or receiver. A shareholder whose shares are pledged shall be entitled to vote the shares until the shares have been transferred into the name of the pledgee, or a nominee of the pledgee, but nothing in this section shall affect the validity of a proxy given to a pledgee or nominee.Section: Previous 1749 1750 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 Next
Last modified: October 8, 2016