Eligibility: one vote per share. Receiver may vote for shares in his possession. Fiduciaries, other than trustees, may vote shares. Trustees may vote shares only after shares are transferred into their personal names. Treasury shares may not be voted. Bondholders may also vote if the certificate of incorporation gives that power.
Shareholder voting required for: selection of board of directors and for fundamental corporate changes.
Quorum : majority of voting shares present = quorum.
Voting for directors: usually by plurality. Cumulative voting: shareholders get one vote per stock per director seat up for grabs. Under cumulative voting, may use all votes for single seat.
Proxy voting: all voting shareholders may have someone else vote for them. Can be revoked prior to exercise, unless irrevocable (irrevocable when held by certain people who have right to vote)
Collective voting: Voting pool - contractual agreement among shareholders to vote certain way, Voting trust - transfer of legal ownership to trust while maintaining beneficial ownership. Voting trustee has fiduciary duty to trust and beneficial owners of stock.