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LPL » Topics » Article 19. (Method of Resolution)

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Article 19. (Method of Resolution)

 

Except as otherwise provided in the applicable laws and the Articles of Incorporation of the Company, all resolutions of a General Meeting of Shareholders shall be adopted by the affirmative votes of the majority of shareholders present at the meeting; provided that, such votes shall represent at least one fourth (1/4) of total number of issued and outstanding shares of the Company.

 

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