Century Communities amends bylaws to address universal proxy rules and DGCL updates

Century Communities, Inc.

Board approved Amended and Restated Bylaws effective Nov 9, 2022.
Amendments incorporate SEC universal proxy rules and recent DGCL changes.
Changes include enhanced stockholder proposal and director nomination disclosure.
Exclusive forum provision clarified for federal district courts for Securities Act claims.
Adds emergency bylaw provisions as permitted by Delaware 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

Century Communities, Inc.: Approved and adopted Amended and Restated Bylaws incorporating amendments including universal proxy rules and DGCL changes (effective 2022-11-09).

Change: bylaw amendment
Effective: 2022-11-09

Exact text from the filing

On November 9, 2022, the Board of Directors (the “Board”) of Century Communities, Inc. (the “Company”) approved and adopted Amended and Restated Bylaws (the “Amended and Restated Bylaws”) incorporating certain amendments, including amendments in response to the new universal proxy rules promulgated by the Securities and Exchange Commission (the “SEC”) and recent amendments to the Delaware General Corporation Law (the “DGCL”).

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Century Communities, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-22-040773

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