Encyclopedia / General Meeting

The General Meeting is a meeting of all members and the sovereign body of a FairShares Enterprise. 

Key points in the default model rules include: The Directors, or a requisition of 10% of members, may call a General Meeting; There will be an AGM and one further GM in each accounting period (which may take place online); A Quorum is two-fifths of members, or 20 if there are more than 50 members (by default); A member may act as a proxy for only one other member (i.e. cast a maximum of two votes) by default.