International Bancshares Corporation $(IBC.AU)$ announced amendments to its bylaws effective August 6, 2025. The changes specify that shareholders or groups of shareholders must own at least three percent of IBC's common stock to initiate or maintain a derivative proceeding. The amendments also designate the Texas Business Court in the Fourth Business Court Division as the primary forum for any filings or claims, with alternatives if the court lacks jurisdiction. Additionally, the amendments include a waiver of the right to a jury trial for internal entity claims.
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