Question: 90. Under the Revised Corporation Code, what is the minimum number of days of giving notice to stockholders or members prior to vote for voluntary
90. Under the Revised Corporation Code, what is the minimum number of days of giving notice to stockholders or members prior to vote for voluntary dissolution?
A.At least twenty (20) days prior to the meeting for the voting of voluntary dissolution where no creditors are affected.
B.At least thirty (30) days prior to the meeting for the voting of voluntary dissolution where no creditors are affected.
C.At least ten (1 0) days prior to the meeting for the voting of voluntary dissolution where no creditors are affected.
D.At least forty (40) days prior to the meeting for the voting of voluntary dissolution where no creditors are affected.
91. Using the preceding number, which of the above mentioned grounds of involuntary dissolution refer automatic causes of corporate dissolution meaning dissolution ip so facto by operation of law without need of SEC or court order?
A. A and B only
B. A, B and C only
C. A, B, C and L only
D. A, B, C, D and L only
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