Matter in bold in an amended section is new. Matter that is struck through is existing law to be omitted.
New sections are in bold .
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor's brief statement of the essential features of the measure as introduced. Allows corporate shareholders, by less than unanimous consent, to take action without meeting. Requires corporation to give notice of action to nonvoting shareholders and shareholders who did not consent to action. A consent signed under this section has the effect of a meeting vote and may be described as such in any document.