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Business Organizations Keyed to Cox
Sutton v. Sutton
Citation:
84 N.Y.2d 37 (1994)Facts
In 1963, the certificate of incorporation of Bag Bazaar, Ltd. was amended to provide that the unanimous vote or consent of the holders of all the issued and outstanding shares of common stock of the corporation shall be necessary for the transaction of any business of the corporation. Respondent, as a director of the corporation, refused to sign a certificate of amendment reflecting the deletion of the unanimity provision. Petitioners commenced this suit.
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Topic Resources
Topic Outline
Directors OfficersTopic Refresher Course
What Law AppliesTopic Charts & Notes
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