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Cumulative voting

October 30, 2016 By Full Fusion

A method of voting for corporate directors that enables the shareholders to multiply the number of their shares by the number of directorships being voted on and to cast the total for one director or a selected group of directors. A 10-share holder normally casts 10 votes for each of, say, 12 nominees to the board of directors. One thus has 120 votes. Under the cumulative voting principle, one may do that or may cast 120 (10 x 12) votes for only one nominee, 60 for two, 40 for three, or any other distribution one chooses. Cumulative voting is required under the corporate laws of some states and is permitted in most others.

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CONTACT
Phone 210.547.3450
info@SHarrisFinancial.com

4456 Lockhill Selma Road, Suite 101
San Antonio, Texas 78249
fax 210.547.3451

  • Who We Are
    • Mission / Vision / Values
    • Who We Serve
    • What Makes Us Different
    • Our Commitment
    • About Us
    • FAQ
  • What We Do
    • Financial Planning / Wealth Management
    • Investment Management
    • Divorce Financial Analysis
    • Business Solutions
    • Second Opinion Service
  • How We Do It
    • Our Actionable Plan Approach
    • Investment Philosophy
  • Resources
    • Market Commentary
    • YouTube / Videos
    • Newsletters
    • Articles of Interest
    • Links of Interest
    • Other Resources
  • More Information

DISCLOSURES  |  FORM CRS

COPYRIGHT © 2025 S. HARRIS FINANCIAL. CREATED BY SYNERGY MARKETING

S. Harris Financial Group, LLC ("SHFG") is a Registered Investment Advisor ("RIA"), located in the State of Texas. SHFG provides investment advisory and related services for clients nationally. SHFG will maintain all applicable registration and licenses as required by the various states in which SHFG conducts business, as applicable. SHFG renders individualized responses to persons in a particular state only after complying with all regulatory requirements, or pursuant to an applicable state exemption or exclusion.