entity · derived
Statutory authorization
Derived node: assembled mechanically from the claims carrying statutory-authorization. A roster, not an adjudicated definition.
Every claim under this term
- 3017612-003 : Although shareholder agreements are authorized and shaped by corporation code provisions, their construction is governed by ordinary contract interpretation rules, so statutory authorization does not
- 3017612-009 : MBCA Section 7.32 requires unanimity, so agreements that bind only a block of shareholders rather than all of them cannot rely on that section and must find authorization elsewhere.