Western Asset Investment Grade Income Fund amends bylaws to allow virtual stockholder meetings
Effective April 14, 2020, the Fund's board amended its bylaws to add Section 2.10, which allows the board or a board committee to hold stockholder meetings solely by remote communication or in combination with a physical location. The amended bylaws were furnished as Exhibit 99.1 and clarify the process for remote stockholder participation and voting.
- Amendment effective April 14, 2020 adds Article 2, Section 2.10 (Virtual Meetings) to the bylaws.
- Board or authorized committee may hold meetings solely by remote communication or both in person and remotely, including after a meeting has been called.
- Remote participants are considered present in person and may vote, subject to verification and recordkeeping measures.