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300.53 Irregular meetings, how validated.

When all the stockholders or members of a corporation are present or duly represented at a meeting, however called or notified, and duly execute a written assent to the meeting on the records of the corporation, the business transacted at the meeting is as valid as if it had been legally called.

HIST: (7479) RL s 2877; 1984 c 628 art 5 s 1

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Revisor of Statutes