Short Title: | Public Companies Act 1767 |
Type: | Act |
Parliament: | Parliament of Great Britain |
Long Title: | An Act for regulating the Proceedings of certain publick Companies and Corporations, carrying on Trade or Dealings with Joint Stocks, in respect to the declaring of Dividends; and for further regulating the Qualification of Members for voting in their respective General Courts. |
Year: | 1767 |
Citation: | 7 Geo. 3. c. 48 |
Royal Assent: | 29 June 1767 |
The Public Companies Act 1767[1] (7 Geo. 3. c. 48) was an Act of the Parliament of Great Britain that prohibited shareholders voting in public companies, unless they had held shares for six months. It was intended to stop vote splitting, so as to retain greater equality among members of companies.