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The candidates for election as directors receiving the highest number of votes from each class or group of classes, if any, entitled to elect directors separately up to the number of directors to be elected by the class or group of classes shall be elected. Special treatment of interest holders. 330. The Board of Directors shall select from one of their members a secretary. In practice, neither public nor private accountability mechanisms are necessarily effective when applied to many FGCs. {85} FGCs in which the President appoints only a minority of the directors or that are financially self- sustaining are structured in a way that attenuates their accountability to elected officials.
Pages: 800
Publisher: Aspen Publishers (October 25, 2013)
ISBN: B00GMP7YXS
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