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A power of attorney grants a person significant financial or healthcare decision-making authority over someone else. The power of attorney allows one party to act on behalf of another party, who is referred to as the principal. A principal can typically revoke POA...
In California, shareholder derivative lawsuits are governed by Section 800 of of the California Corporations Code. Generally, shareholder derivative actions involve one or more shareholders filing an action on a corporation’s behalf. Under Section 800, these...