System in which shareholders voting for the board of directors may not give more than one vote per share to any single nominee.
Related information about statutory voting:
- Statutory Voting Definition | Investopedia
A corporate voting procedure in which each shareholder is entitled to one vote per share and votes must be divided evenly among the candidates or issues ...
- Cumulative Voting
Oct 13, 2004 ... In contrast, in "regular" or "statutory" voting, shareholders may not give more than one vote per share to any single nominee. For example, if the ...
- Statutory Voting - Financial Dictionary - The Free Dictionary
The standard rule in most corporations that there is one vote per share in elections of the Board of Directors. Statutory Voting. In common stock, a method of ...
- Statutory Voting | Glossary | VC Experts
A method of voting for members of the Board of Directors of a corporation. Under this method, a shareholder receives one vote for each share and may cast ...
- Statutory Voting: Definition from Answers.com
one-share, one-vote rule that governs voting procedures in most corporations. Shareholders may cast one vote per share either for or against each nominee.
- What is statutory voting? definition and meaning
Definition of statutory voting: System in which shareholders voting for the board of directors may not give more than one vote per share to any single nominee.
- statutory voting - Invest Definition
statutory voting definition: A shareholder voting method whereby a shareholder must vote for a different candidate for each available seat. It is in contrast to ...
- What is STATUTORY VOTING? - The Law Dictionary
Definition of STATUTORY VOTING: When each common stock is assigned one shareholder vote holding equal weight to director nominees. Refer to cumulative ...