A proxy is a person who represents a member in the shareholders’ meeting of a company, with a legal document that could prove their authority. According to the Delaware General Corporation Law (DGCL) Title 8, Chapter 1, Section 211, the...
business organizations
proxy statement
A proxy statement is a document that public companies must provide their shareholders prior to a shareholder meeting.
The Securities and Exchange Commission (SEC) requires companies to file their proxy statement in...
public corporation
A public corporation is a company whose shares are listed to be traded on a public market, such as the New York Stock Exchange (NYSE). When a company goes public, it will undertake its initial public offering (IPO) after submitting Form S-1 (...
public market
Public market is the exchange where a public company’s securities are traded. A company must first conduct an initial public offering (IPO) to offer securities in the public market. They must also comply with the Exchange Act’s periodic...
public offering
A public offering is an offering of a company’s securities to public markets. A company’s first offering of securities to the public is known as an initial public offering (IPO). Subsequent offerings are known as follow-on offerings. In both...
public offering
A public offering is an offering of a company’s securities to public markets. A company’s first offering of securities to the public is known as an initial public offering (IPO). Subsequent offerings are known as follow-on offerings. In both...
quasi
The word quasi is Latin for “as if” meaning, almost alike but not perfectly alike. In law, it is used as a prefix or an adjective to inform some measure of similarity with a critical difference. A quasi-item is not an accurate example of the...
quasi-corporation
Also known as a "civil corporation," a quasi corporation is an entity that is not incorporated like a general business but nonetheless holds some properties and functions traditionally belonging to corporations.
Examples of...
quasi-municipal corporation
A quasi-municipal corporation is a government corporation with limited powers. Common examples of quasi-municipal corporations in some states include school districts, boards of education, and public utility districts for water and sanitation...
quo warranto
Quo warranto is Latin for "by what warrant” (or authority). A writ of quo warranto is a common law remedy which is used to challenge a person's right to hold a public or corporate office. A state may also use a quo warranto action to revoke a...