Shareholders' meetings

There are two kinds of shareholder meetings:

Annual meeting: usually happens once a year, in this meeting the shareholders of a corporation elect the board of directors, and hear reports on the company's business results, prospects, and plans.

Special meeting: could be called for particular purposes from time to time. This meetings can be called by the board, or by any other party named in the articles of incorporation or bylaws. Many statutes also allow shareholders to call special meetings, but they have to have a certain percentage of the stock in order to do so.

Click Here to see a minute of a shareholder meeting.