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Junior Member
Need help! Shareholder dispute

What is the name of your state? Pennsylvania.

Is it legal for one shareholder to hold a Board of Director's mtg. without any other shareholders present, for them to elect a new Board at the meeting, and call their attendance at such meeting "a quorum"/unanimous vote???

Also, if one of the other shareholders has offered his stock back to the Company prior to this yearly mtg., has received a written acceptance to purchase by the Company, but shareholder has not yet signed an agreement to sell to the Company, does that shareholder have a right/obligation to still act as a voting shareholder at a Board meeting?
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What do the written corporate by-laws say about this situation?

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