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Frauds and Scams > Statutory Voting

The following information is about Statutory Voting.

Statutory Voting Defined

A method of voting whereby a shareholder receives one vote for each share and may cast his votes for each of the directorships. A shareholder, for example, who owns 1000 shares of a corporation that is electing three directors, can cast 1000 votes for each of the three candidates.

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