Corporate Law: Votes of Directors

Reply Thu 10 Nov, 2016 11:28 am
I live in a residential apartment co-op, in which I am a shareholder. The board of directors vote on various matters that come before it. Sometimes those votes are not unanimous.

I asked the board about a particular vote, which its minutes state was 6 to 1. My question was who voted against? I asked for any additional information to help me understand the reason for the dissenting director's vote.

The board replied that its policy is to not give out that information.

Can I compel the disclosure of the information?

Is the board's policy usual and/or reasonable?
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 0 • Views: 786 • Replies: 1
No top replies

cicerone imposter
Reply Thu 10 Nov, 2016 01:20 pm
This link might help you understand the rules and regulations about your query.
0 Replies

Related Topics

  1. Forums
  2. » Corporate Law: Votes of Directors
Copyright © 2022 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 01/17/2022 at 10:34:08