BA 300 2 - STOCKHOLDERS MEETINGS Annual meeting Special...

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STOCKHOLDERS’ MEETINGS - Annual meeting - Special meeting
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COMMON STOCK Common stock is the basic stock in the financial structure of a corporation. The principal rights, generally conferred on the holder of common stock, are the right to participate in the distribution of dividends, the right to share in the distribution of assets on dissolution of the corporation, and the right to vote at stockholders’ meetings.
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PREFERRED STOCK The owners of preferred stock have certain preferences over the owners of common stock. These preferences are set forth in the articles of incorporation and are printed on the stock certificate. The preferences usually include preference as to the payment of dividends and as to the assets of the corporation on dissolution.
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VALUABLE PAPER LAW VALUABLE PAPER LAW Valuable paper are such documents that the rights embodied therein can neither be transferred nor claimed independently of the document. In other words, a valuable paper is a kind of document to which a right is attached in such a way that it is impossible to transfer this right to another person without transfer of possession of the paper.
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Characteristics of the valuable Characteristics of the valuable paper taking into consideration paper taking into consideration the right that they represent the right that they represent The right included in the paper should be a transferable right. A non-transferable right, such as human rights or right of usufruct cannot be attached to the valuable paper. The right attached to a valuable paper should have an objective monetary value.
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The right is firmly attached to the paper. Once
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