A corporation may agree to submit a matter to a vote of its shareholders even if, after approving the matter, the board of directors determines it no longer recommends the matter.
Me. Rev. Stat. tit. 13-C, § 827
Submission of matters for shareholder vote
PL 2011, c. 274, §32 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.