Practice question
A regular meeting is postponed. No different bylaw, law or regulation applies. What written notice does Section49 prescribe?
- Notice of postponement and reasons at least two weeks before the meeting date
- Only an unexplained message after voting
- No notice because postponement is invisible to law
- A notice only to directors
- A notice at the next annual meeting
Legal references
- RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Sections49 and51.
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