Adams Equity Fund Enhances Governance and Regulatory Alignment

Adams Diversified Equity Fund Inc Shs (ADX) just unveiled an announcement.

Adams Diversified Equity Fund, Inc. has taken significant steps to enhance its governance structure by classifying its Board of Directors in alignment with the Maryland General Corporation Law, effective June 4, 2024. In tandem, the Fund’s bylaws have been updated to improve director qualifications, streamline shareholder nominee submissions, and ensure consistency with Maryland law and current practices. These amendments, which also facilitate virtual meetings and clarify stock certificate handling, aim to bolster the Fund’s operational efficiency and regulatory compliance.

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