'Off To A Good Start'
C) Increasing size of B of D: DGCL 223(a): can be done by SH if number is fixed in by-laws and not charter [141(b)], but B of D fills added seats. 1) But can be trumped via SH amendment if B of Ds right to fill seats is in by-laws. a) Best protection is for C to have a majority of seats filled: e.g. if charter allows 15, have at least 9 filled. ................
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