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California Code, Probate Code - PROB § 16234

Current as of January 01, 2025 | Updated by Findlaw Staff

With respect to any shares of stock of a domestic or foreign corporation, any membership in a nonprofit corporation, or any other property, a trustee has the power to do any of the following:

(a) Vote in person, and give proxies to exercise, any voting rights with respect to the shares, memberships, or property.

(b) Waive notice of a meeting or give consent to the holding of a meeting.

(c) Authorize, ratify, approve, or confirm any action that could be taken by shareholders, members, or property owners.

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Cite this article: FindLaw.com - California Code, Probate Code - PROB § 16234 - last updated January 01, 2025 | https://codes.findlaw.com/ca/probate-code/prob-sect-16234/

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