Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
On
The amendments reflected in the Amended and Restated Bylaws, include, among other changes:
? Enhancing the procedural mechanics and disclosure requirements relating to
business proposals submitted and director nominations made by stockholders for
consideration at annual meetings of the stockholders of the Company, including
referring specifically to the new
additional information regarding director nominees;
? Clarifying the existing forum selection bylaw to provide that the federal
district courts of
resolution of claims under the Securities Act of 1933, as amended, and other
changes to increase its enforceability;
? Providing greater flexibility for adjourning and reconvening a meeting of the
Company's stockholders;
? Adding detail regarding how notice must be given to stockholders, particularly
with respect to electronic transmissions;
? Eliminating the former requirement that the Company make available its
stockholder list during a meeting of the Company's stockholders;
? Expanding the responsibilities of the person presiding over any meeting of the
Company's stockholders;
? Adding emergency bylaw provisions in case of an emergency, disaster or
catastrophe to give the Company greater flexibility in navigating these
challenges as now permitted by the DGCL; and
? Incorporating other non-substantive changes, such as eliminating outdated
references and including gender neutral language.
The foregoing summary of the Amended and Restated Bylaws is qualified in its
entirety by reference to the complete text of the Amended and Restated Bylaws,
as approved, adopted, and effective on
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 3.1 Amended and Restated Bylaws ofCentury Communities, Inc. , effectiveNovember 9, 2022 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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