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Apr
12 • 2017
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Where can shareholders’ meetings be held?

Meetings of shareholders may be held at any place within or without the state as may be stated in, or fixed in accordance with, the corporation’s bylaws. See Cal. Corp. Code § 600. If the bylaws do not specify a place, or a manner in which to fix a place, for holding shareholders’ meetings, then the meetings must be held at the corporation’s principal executive office. Unless prohibited by the bylaws, a shareholders’ meeting can be conducted electronically, so long as procedures are adopted to permit the shareholders not present in person to participate in the meeting and vote electronically. In addition, shareholders must consent to participating in a meeting electronically. See Cal. Corp. Code § 20.