Lakeland Financial Corporation (NASDAQ:LKFN) 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.
On March 20, 2019, the Board of Directors (the “Board”) of Lakeland Financial Corporation (the“Company”) voted to adopt an amendment to the Company’s current, restated bylaws (the “Amendment”) to provide that any provisions to the bylaws may be added, altered, amended or repealed by the affirmative vote of not less than a majority of all votes entitled to be cast by the Company’s shareholders on the matter at any meeting of the shareholders, provided that the proposed addition, alteration, amendment, or repeal is contained in the notice of such shareholder meeting. Shareholders have the right to propose amendments to the bylaws for approval at a duly called annual meeting or special meeting of shareholders, provided that any such proposal must be submitted in compliance with Rule 14a-8 promulgated under the Securities Exchange Act of 1934, as amended.
The Company will, at the first to occur of the next annual or special meeting of the shareholders following the 2019 annual meeting of the shareholders, propose an amendment to the Company’s articles of incorporation, as amended, to expressly provide that the shareholders shall have the right to amend the Company’s bylaws in conformity with the provisions set forth in the Amendment.
A redline copy of the Company’s bylaws, marked to show the Amendment, is attached herewith as Exhibit 3.2 and is incorporated herein by reference.
The foregoing description of the Amendment does not purport to be complete and is qualified by reference to the full text of the Amendment, which is attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits.
| 3.1 |
Amendment to the Restated Bylaws of Lakeland Financial Corporation, effective March 20, 2019. |
| 3.2 |
Redline of Restated Bylaws of Lakeland Financial Corporation, as amended, effective March 20, 2019. |
LAKELAND FINANCIAL CORP Exhibit
EX-3.1 2 ex31.htm EXHIBIT 3.1 Exhibit 3.1 Amendment No. 1 to the Restated Bylaws of Lakeland Financial Corporation Article VIII of the Restated Bylaws of Lakeland Financial Corporation shall be amended by deleting Article VIII in its entirety and replacing it with the following: “ARTICLE VIII Amendments Any provision of these Bylaws may be made,…
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About Lakeland Financial Corporation (NASDAQ:LKFN)
Lakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank’s activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. The Bank has over 50 offices in over 10 counties in Northern and Central Indiana.
