This language describes "blank check" preferred stock -- which about 98% of IPO companies have in their governing docs. So, while you might not agree with the philosophy behind it, if it is a veto item on investing, you…
* Which states require the existence of typical officer positions? WA, like kbagby explained for DE, doesn't require any particular officers (unless a particular company's bylaws required certain officers). In all four…
This language describes "blank check" preferred stock -- which about 98% of IPO companies have in their governing docs. So, while you might not agree with the philosophy behind it, if it is a veto item on investing, you…
* Which states require the existence of typical officer positions? WA, like kbagby explained for DE, doesn't require any particular officers (unless a particular company's bylaws required certain officers). In all four…