# Shareholder Proposals Relating to the Election of Directors
> **US Securities and Exchange Commission** · Final rule. · Published 2007-12-11 · Effective 2008-01-10 · 72 FR 70450
## Document
- **Document number:** E7-23951
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 72 FR 70450
- **CFR reference:** 17 CFR 240
- **Publication date:** 2007-12-11
- **Effective date:** 2008-01-10
- **Docket:** Release No. 34-56914
## Abstract

The Securities and Exchange Commission is publishing this adopting release to codify the meaning of Rule 14a-8(i)(8) under the Securities Exchange Act of 1934. Rule 14a-8 provides shareholders with an opportunity to place certain proposals in a company's proxy materials for a vote at an annual or special meeting of shareholders. Subsection (i)(8) of the Rule permits exclusion of certain shareholder proposals related to the election of directors. The Commission is adopting an amendment to Rule 14a-8(i)(8) to provide certainty regarding the meaning of this provision in response to a recent court decision.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2007/12/11/E7-23951/shareholder-proposals-relating-to-the-election-of-directors)
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