Is a Shareholder Proposal by definition non-binding?

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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shboomer

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Is a Shareholder Proposal by definition non-binding?

posted on Dec 02, 2011 08:58PM

Is a Shareholder Proposal by definition non-binding? At least by legal default?

Do the By-Laws have the legal ability to state how a Shareholder-originated proposal is handled?

Must "non-binding" be explcitly declared in the Proxy Statement for each proposal that is to be treated as such?

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