§ 12474 Nominee Election Mailing Rights
This law says that if someone running for a company's board asks in writing and pays for it, the company must mail election-related stuff to its members within 10 days, unless the company gives the nominee other options within 5 days.
Imagine you're running for the board of a big company, like trying to become a leader of a club.
If you want to send letters to all the club members to tell them why they should vote for you, the club has to mail those letters for you if you pay for it. But if the club lets you speak at a meeting or post your message on their website within 5 days, they don’t have to mail your letters.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 12474 Nominee Election Mailing Rights
Last verified: January 10, 2026