§414-123  Court-ordered meeting.  (a) The circuit court may summarily order a meeting to be held:

(1)  On application of any shareholder of thecorporation entitled to participate in an annual meeting if an annual meetingwas not held within the earlier of six months after the end of thecorporation's fiscal year or fifteen months after its last annual meeting; or

(2)  On application of a shareholder who signed ademand for a special meeting valid under section 414-122, if:

(A)  Notice of the special meeting was notgiven within thirty days after the date the demand was delivered to thecorporation's secretary; or

(B)  The special meeting was not held inaccordance with the notice.

(b)  The court may fix the time and place ofthe meeting or determine that the meeting shall be held solely by means ofremote communication as authorized by section 414-121(c), determine the sharesentitled to participate in the meeting, specify a record date for determiningshareholders entitled to notice of and to vote at the meeting, prescribe theform and content of the meeting notice, fix the quorum required for specificmatters to be considered at the meeting (or direct that the votes representedat the meeting constitute a quorum for action on those matters), and enter otherorders necessary to accomplish the purpose or purposes of the meeting. [L 2000,c 244, pt of §1; am L 2002, c 130, §16]