Corporate Law Members

[Austere2090]

To become a member of the board, does a director have to hold some shares.

 

[army judge]

To become a member of the board, does a director have to hold some shares.

You need to read the entity's bylaws.

The answer is that is not necessarily a criteria.

 

[guestpost]

If a director meets a criteria, even then he has to hold some shares because at the time of re-election his own numbers of shares also count. What do you say ?

 

[cbg]

This is not a matter addressed by law.