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Explanation: There are different quorum requirements following the first meeting notice, and the second or any subsequent notice. Here, the French says "The meeting may not transact business following the first notice unless the stockholders present or represented own at least one-fourth of the voting stock." For British clients replace "stockholders" with "shareholders" and "stock" with "shares.
Attorney DC Bar Local time: 19:32 Specializes in field Native speaker of: English PRO pts in category: 205