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When was CA Civil Code ยง1366(b) revised?

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Question

True or False regarding bonds?

When a company sells bonds, the bondholders are premitted to vote for the board of directors? T or F

2 months ago - 2 answers

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Chosen by Asker

False, only shareholders are invited to vote for the directors. But, in many countries the bondholders have the right to be consulted and to advise, that is why they are invited to general meetings of shareholders.

by europeaninla

2 months ago

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Other Answers

False. Only the holders of voting shares may vote at shareholder meetings.

by Feeling Mutual- 2 months ago