Whenever any notice is required to be given to any shareholder or director of a corporation under the provisions of the Business Corporation Act or under the provisions of the articles of incorporation or bylaws of the corporation, a waiver thereof in writing signed by the person or persons entitled to the notice, whether before or after the time stated therein, is equivalent to the giving of the notice.
History: 1953 Comp., § 51-31-6, enacted by Laws 1967, ch. 81, § 127.
Compiler's notes. — This section is derived from Section 144 of the ABA Model Business Corporation Act.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 18A Am. Jur. 2d Corporations §§ 467 to 469, 652, 653, 969, 971, 972, 980 to 983, 1082 to 1084, 1086, 1087; 18B Am. Jur. 2d Corporations §§ 1368, 1370, 1459, 1480, 1481.
18 C.J.S. Corporations § 367.
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