Absent a specific provision in its articles of incorporation, a corporations board of directors has the power
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Absent a specific provision in its articles of incorporation, a corporation’s board of directors has the power to do all of the following except:
a. Repeal the bylaws
b. Declare dividends
c. Fix compensation of directors
d. Amend the articles of incorporation AppendixLO1
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Related Book For
Anderson's Business Law And The Legal Environment
ISBN: 9780324638189
20th Edition
Authors: David P Twomey, Marianne M Jennings, Ivan Fox
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