California Water Service Group amends bylaws to enhance stockholder proposal and director nomination procedures

CALIFORNIA WATER SERVICE GROUP

Adopted amended and restated bylaws effective Feb 22, 2023, aligning with Rule 14a-19 under Exchange Act.
Requires additional background info and disclosures from proposing stockholders and nominees.
Limits number of director candidates a stockholder may nominate to number of directors to be elected.
Updates provisions for virtual stockholder meetings and eliminates requirement to examine stockholder list at meetings.
Incorporates administrative, clarifying, and conforming changes to align with Delaware General Corporation Law.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

CALIFORNIA WATER SERVICE GROUP: Amended and restated Bylaws to enhance stockholder proposal and nomination procedures, align with Rule 14a-19, and update DGCL provisions (effective 2023-02-22).

Change: bylaw amendment
Effective: 2023-02-22

Exact text from the filing

On February 22, 2023, the Board of Directors (the “Board”) of California Water Service Group, a Delaware corporation (the “Company”), adopted an amendment and restatement of the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended and Restated Bylaws”), effective as of such date

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CALIFORNIA WATER SERVICE GROUP filing history →

Source: SEC EDGAR

accession 0001104659-23-025342

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