Under the Revised Act and an increasing number of other statutes, by a majority vote, shareholders may remove the entire board of directors without cause.

Question

Quizplus · Accepted Answer

Under the Revised Act and in many other statutes, shareholders have the right, by a majority vote, to remove the entire board of directors without needing to specify a cause, enhancing shareholder power and flexibility in corporate governance.

Under the Revised Act and an Increasing Number of Other