
Board Ratification Defenses Against Unwritten Stock Commitments Made to Operators
Boards defeat unwritten stock commitments by asserting statutory issuing authority, lack of written consent, and integration clauses in executive contracts.

Boards defeat unwritten stock commitments by asserting statutory issuing authority, lack of written consent, and integration clauses in executive contracts.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.