22-04-2016 01:03 via alaskapublic.org

Calista campaigning to reduce quorum requirements before descendants enroll

Calista Corporation is campaigning to reduce quorum requirements at itsannual shareholder meetings to prevent invalidating future meeting votesand wasting corporation money when quorum isn’t met.
Current quorum stands at an over 50-percent majority. Calista wants to reduce that to a one-third or about 33-percent requirement, and the corporation wants it to happen before decedents enroll as shareholders next year. The corporation has one shot to make the change before the pen
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