other material
confidence high
sentiment neutral
materiality 0.05
Nuvera Communications adopts exclusive forum bylaw for internal corporate claims
Nuvera Communications, Inc.
- Board adopted new Bylaw Section 7.6 effective December 21, 2021.
- Designates federal courts and state courts in Hennepin County, MN as exclusive forum for internal corporate claims.
- Adopted under Minnesota Business Corporation Act Section 302A.191, enacted in 2018.
- Applies to derivative actions, duty violations, and claims under MBCA or the company's governing documents.