Articles of Incorporation: Supermajority Requirements for Regulation Amendments (OH) | Practical Law

Articles of Incorporation: Supermajority Requirements for Regulation Amendments (OH) | Practical Law

A Standard Clause for the articles of incorporation of an Ohio corporation requiring the affirmative vote of a supermajority of the shareholders to adopt, amend, or repeal regulations. This Standard Clause is intended to be used as an anti-takeover provision. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Supermajority Requirements for Regulation Amendments (OH)

Practical Law Standard Clauses w-000-0520 (Approx. 6 pages)

Articles of Incorporation: Supermajority Requirements for Regulation Amendments (OH)

by Practical Law Corporate & Securities
Law stated as of 05 Feb 2024Ohio
A Standard Clause for the articles of incorporation of an Ohio corporation requiring the affirmative vote of a supermajority of the shareholders to adopt, amend, or repeal regulations. This Standard Clause is intended to be used as an anti-takeover provision. This Standard Clause has integrated notes with important explanations and drafting tips.