NOUN
- the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest
How To Use preemptive right In A Sentence
- In case one party desires to sell or assign all part of his investment subscribed, the other party shall have the preemptive right.
- The shareholders of a corporation do not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of incorporation so provide.
- So far , the basis and institutional framework of shareholder's preemptive right have already discussed.
- The common owners preemptive right is not stipulated in the Law of Property, but when the relationship of common ownership vanishes, it is safer to vest the ot.
- So far , the basis and institutional framework of shareholder's preemptive right have already discussed.
