Kayne Anderson Energy Infrastructure Fund, Inc.: Removed Article XVI regarding Maryland Control Share Acquisition Act, eliminating voting rights limitations on stockholder acquisitions above certain ownership levels (effective 2023-03-24).
“On March 24, 2023, the Board of Directors of Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) amended the Second Amended and Restated Bylaws of the Company to remove Article XVI. That repealed Article XVI made the Company subject to the Maryland Control Share Acquisition Act, which had the effect of limiting the voting rights in certain circumstances of a person who acquires more than a certain level of ownership of the Company’s stock.”