Federal Home Loan Mortgage Corporation
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 08/02/2022   Download
SEC Document
SEC Filing
Effective July 28, 2022, the Bylaws of Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) were amended. The Bylaw amendment changes are summarized below:
Section 3.3 was revised to no longer require a Notice of Meeting for a shareholder for whom (a) notice of two consecutive annual meetings and all notices of meetings in between, or (b) all notices within a 12-month period, have been returned undeliverable or could not be delivered.
Section 3.6 was revised to allow for the possibility of holding a fully virtual annual meeting.
Section 6.1 was revised to increase the number of days prior written notice is required by a shareholder who wishes to inspect corporate records from five to 10.
Sections 8.1 was revised to bar indemnification for any violation of securities laws.
Additionally, various ministerial changes were made throughout the Bylaws to update certain director and officer titles.