Something you might of missed. Those in power and pushing this merer certainly have not made a priority of passing it along to the membership. SAG currently a California Corporation will become a Delaware Corporation if this merger passes!!!!
This in merger documents but not mentioned by those pushing merger.
“As of the time of filing of the Certificates of Merger on the Effective Date, the separate legal existences of AFTRA and SAG shall cease and SAG-AFTRA shall continue as the surviving corporation as a national labor organization and Delaware non-stock corporation operating under the federal labor laws and the Del.Gen.Corp.Law.”
Hmmmm. But why would those leaders behind this merger do that? Perhaps that can be explained by this statement from noted lawyer Steve Diamond.
Steve Diamond» Sun Feb 05, 2012 4:28 pm
Delaware recently amended its law to clarify the relationship between its corporate law with respect to non stock corporations. A thorough discussion can be found here: http://www.rlf.com/files/TBL%2066-2_01Rohrbacher.pdf“
Thank you Mr. Diamond.
The Ol’ SAG Watchdog