Shareholders’ Pre-Emptive Rights
dc.contributor.author | Frey, Alexander | |
dc.date | 2021-11-25T13:34:38.000 | |
dc.date.accessioned | 2021-11-26T11:43:38Z | |
dc.date.available | 2021-11-26T11:43:38Z | |
dc.date.issued | 1929-01-01T00:00:00-08:00 | |
dc.identifier | fss_papers/3886 | |
dc.identifier.contextkey | 3922298 | |
dc.identifier.uri | http://hdl.handle.net/20.500.13051/3320 | |
dc.description.abstract | When a corporation, acting through its board of directors, proposes to increase the number of its shares then outstanding, existing shareholders have a variety of rights with respect thereto. For instance, a shareholder has a right that statutory provisions be complied with in the matter of the creation of additional shares; he has a right that there be no "overissue" of shares; under some circumstances, he has a right that no new shares be created for less than their reasonable sale value; and under other circumstances, he has a right to have offered to him (to "subscribe" for) a proportion of the proposed shares before such opportunity is offered to others. This article is concerned exclusively with an analysis of this last-mentioned right. Herein this right is designated as a shareholder's pre-emptive right. | |
dc.title | Shareholders’ Pre-Emptive Rights | |
dc.source.journaltitle | Faculty Scholarship Series | |
refterms.dateFOA | 2021-11-26T11:43:38Z | |
dc.identifier.legacycoverpage | https://digitalcommons.law.yale.edu/fss_papers/3886 | |
dc.identifier.legacyfulltext | https://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=4891&context=fss_papers&unstamped=1 |