California Governor Signs AB 663, Enabling California Corporations to Hold Virtual Shareholder Meetings During Emergencies

Sullivan & Cromwell LLP - October 11, 2021

On October 5, 2021, California Governor Gavin Newsom signed into law AB 663, which provides corporations with greater flexibility to hold virtual-only shareholder meetings during emergencies, and also expands corporations’ ability to permit remote participation at physical meetings, even absent an emergency.

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