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statutory voting

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Statutory Voting

The procedure of voting for a company's directors where each shareholder is entitled to one vote per share. This is sometimes known as straight voting.

Notes:

For example, if you owned 100 shares, then you would have 100 votes.

Statutory voting

The standard rule in most corporations that there is one vote per share in elections of the Board of Directors.

statutory voting

See majority voting.

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