Question
1.The voting requirement to declare stock dividend? Group of answer choices Majority of the Board of Director present and constituting quorum and the vote of
1.The voting requirement to declare stock dividend?
Group of answer choices
Majority of the Board of Director present and constituting quorum and the vote of written assent of stockholders representing at least two-thirds (2/3) of the outstanding capital stock.
Majority of the Board of Director present and constituting quorum and the approval of stockholders representing at least two-thirds (2/3) of the outstanding capital stock at a regular or special meeting duly called for the purpose.
Majority of the Board of Director fixed in the article of incorporation and the vote of written assent of stockholders representing at least two-thirds (2/3) of the outstanding capital stock.
Majority of the Board of Director fixed in the article of incorporation and the approval of stockholders representing at least two-thirds (2/3) of the outstanding capital stock at a regular or special meeting duly called for the purpose.
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