What is a specially noticed meeting in a corporation?

A specially noticed meeting in a corporation primarily refers to gatherings that are convened to address significant matters that can have a considerable impact on the corporation's structure or operation. These crucial meetings typically require a higher level of notice to shareholders, often because they involve fundamental corporate changes, such as mergers, amendments to the articles of incorporation, or dissolutions. The importance of these meetings lies in the necessity for shareholders to have clear and advanced awareness of these discussions, allowing them to participate meaningfully in decision-making regarding the corporation's future.

This heightened notice requirement contrasts with regular meetings, where routine business can be addressed, and typically involves less engagement from shareholders regarding the meeting agenda. Thus, a specially noticed meeting is essential for ensuring transparency and shareholder rights when critical decisions are being made that could alter their investment and the overall direction of the company.