Sentence examples for bylaws requiring from inspiring English sources

The company pointed to a provision in its bylaws requiring a supermajority vote of about 67percenttoto seat more than two directors.

From 1849 communities could make bylaws requiring both employers and employees to contribute to relief funds, and a law of 1854 introduced compulsory health and accident insurance for miners.

The judge ruled that a two-thirds vote by shareholders would be sufficient to remove the company's directors and that Great Northern's bylaws requiring a three-fourths vote violated the state's corporate laws.

Mr. Aldad noted, however, that unless there is a provision in the bylaws requiring the board to respond within a certain time period, there is no limit on the length of time it can take to act.

A few months ago the board introduced an amendment to the bylaws requiring that 1percentt of the sale price be contributed to the operating fund for major repairs or improvements.

Some firms might choose to go further, as Dell and Intel have done this year, and adopt bylaws requiring majority voting.Shareholders may have been radicalised by the success last year of a lobbying effort by managers against a proposal from regulators to make it easier for shareholders to put up candidates in board elections.

Our bylaws require a quorum of five members for the board to take any action.

Our bylaws require all leases to be for a term of at least one year.

Morgan Stanley's bylaws require that three-quarters of the board vote to remove him.

And doesn't a change in the bylaws require a two-thirds vote of unit owners?

Its bylaws require members to collect more than 4,800 signatures to get on the ballot.