Changing Shareholder Voting Rules

The video discusses how shareholders can change voting rules by altering articles of incorporation or bylaws, especially in the absence of specific provisions. It highlights the potential for takeovers and the safeguards that can be implemented to prevent abrupt changes in company leadership. Procedures such as requiring board approval for special meetings are explained as a way to control shareholder actions. The video concludes with an example illustrating the potential for shareholders to change their voting rights.

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