15-2-126. SPECIAL MEETINGS OF SHAREHOLDERS.
- A corporation shall hold a special meeting if shareholders:
- On call of its board of directors or the person or persons authorized to do so by the articles of incorporation or bylaws; or
- If the holders of at least 10 percent of all the votes entitled to be cast on any issue proposed to be considered at the proposed special meeting sign, date and deliver to the corporation’s secretary one or more written demands for the meeting describing the purposes for which it is to be held.
- Special shareholders’ meetings may be held on or off the Rosebud Sioux Reservation, at the place stated in accordance with the bylaws. If no place is stated in the bylaws, special meetings shall be held at the corporation’s principal office.
- Only business within the purposes described in the notice sent to shareholders may be conducted at a special shareholders’ meeting.
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