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Do Corporate Directors’ Voting Rights Depend on the Number of Shares They Own?

Logo for Quora, the source for a question about corporate directors' voting rights

This post is based on a question that I answered recently both for a client and on Quora. Q. Do corporate directors’ voting rights depend on the number of shares they own?

A. No. Board members typically have equal voting rights. However, some states allow directors to have unequal voting rights. See, e.g., Delaware General Corporation Law Section 141(d).

Dana H. Shultz, Attorney at Law? +1 510 547-0545? dana [at] danashultz [dot] com
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Wishing You Joy this Holiday Season & Success in the New Year

Wishing You Joy this Holiday Season & Success in the New Year