§ 16234
87 words·~1 min read·
/ca/probate-code/16234A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.