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Extent Of The Legislature's Reserve Power To Change Common Law Attributes Of Corporations, Edward R. Hayes
Extent Of The Legislature's Reserve Power To Change Common Law Attributes Of Corporations, Edward R. Hayes
Vanderbilt Law Review
Does a stockholder have a right, at common law, to dissent and have his stock repurchased when his corporation purchases the assets of another business? If he does, is this a common law attribute of corporations? What other common law attributes may there be? To what extent has a legislature power to alter or modify these attributes, or to authorize alteration or modification by the holders of a majority of a corporation's stock? The discussion will be directed first to what attributes a corporation has apart from those bearing on its relations with its stockholders; next, to what attributes are …