Posted by DDS on 3/20/04

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Hi,

I am a shareholder of a corporation in California holding
50% of all shares. Can I elect to dissolve the corporation
just by one shareholder? I got the information from the
Secretary of State, and it says that shareholders who have
50% of voting power can elect to dissolve a corporation.
It does not mention, however, whether one single
shareholder with 50% voting power can also elect to
dissolve the corporation. Please explain.

Re: to dissolve a corporation, 3/21/04, by sharwinston.

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