The High-touch Legal Services® Blog…for Startups!
© 2009-2021 Dana H. Shultz
This post explains what non-voting shares are and why a corporation might want to authorize them. This is part of Dana Shultz’s Canonical Questions on the Law® series of questions and answers about legal issues, concepts and terminology.
In this post, I will focus on non-voting common shares. Preferred shares raise issues that go well beyond voting rights. (See What Is Preferred Stock?)
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Dana Shultz is a retired lawyer located in Northern California's San Francisco Bay Area (in the East Bay, near Oakland) who has in-depth knowledge of law, business, technology, and the needs of startup and early-stage companies.
As a lawyer, Dana dispensed as much business advice as legal advice. Accordingly, although he no longer is practicing law, Dana occasionally provides consulting services to owners and managers of small businesses.
If you need legal representation, Dana provides referrals to experienced business lawyers.
For more information about Dana and the legal services that he previously provided, please go to the About Dana Shultz page and the Legal Services page.
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