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The shares of stock in the capital structure of a corporation are classified into classes of shares andseries or sub-series thereof. However, the rights privileges
The shares of stock in the capital structure of a corporation are classified into classes of shares andseries or sub-series thereof. However, the rights privileges and restriction for each class of shares are not expressly set forth in the articles of incorporation. What is the consequence of having a classifications and series of shares thereof without the rights, privileges and restriction for each class expressly provided in the articles of incorporation?
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