Bank of Commerce Holdings (NASDAQ:BOCH) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Bank of Commerce Holdings (NASDAQ:BOCH) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03        Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

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On August 20, 2019, the Board of Directors (the “Board”) of Bank of Commerce Holdings (the “Company”) approved several amendments (the “Amendments”) to the Company’s Amended and Restated Bylaws (as amended, the “Bylaws”), effective immediately. The Amendments are intended to clarify that the positions of Chairperson of the Board and Vice Chairperson of the Board are not officer positions and that the individuals holding those positions are required to be independent directors as defined in applicable laws, rules and regulations. Similar amendments to the bylaws of the Company’s subsidiaries Merchants Bank of Commerce and Bank of Commerce Mortgage were also adopted effective immediately.

A copy of the Bylaws, marked to show the language that has been added or deleted by the Amendments, is attached hereto as Exhibit 3.1 and is incorporated herein by reference. The full text of the Bylaws as amended is also attached hereto as Exhibit 3.2 and is incorporated herein by reference.

Item 9.01        Financial Statements and Exhibits.

(d) Exhibits.

 

SIGNATURES

Bank of Commerce Holdings Exhibit
EX-3.1 2 ex_156028.htm EXHIBIT 3.1 ex_156029.htm Exhibit 3.1           AMENDED AND RESTATED BYLAWS   OF   BANK OF COMMERCE HOLDINGS,…
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About Bank of Commerce Holdings (NASDAQ:BOCH)

Bank of Commerce Holdings (Holding Company) is a bank holding company. The Company’s principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). The Bank operates over four full service facilities in two diverse markets in Northern California. The Bank provides a range of financial services and products for business and retail customers. Its principal products include various types of accounts, such as checking, interest-bearing checking, savings, certificate of deposit and money market deposit. It also offers sweep arrangements, commercial loans, construction loans, term loans, safe deposit boxes and electronic banking services. The primary focus of the Bank is to provide banking and related services to small and mid-sized businesses and not-for-profit organizations, as well as banking services for consumers, primarily business owners and their employees.

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