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Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 1 – Meetings and Action Without Meetings A. The bylaws of a corporation may fix or provide the manner of fixing a date as the record date for determining the members entitled to notice of a members’ meeting. If the […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 1 – Meetings and Action Without Meetings A. Unless prohibited or limited by the articles of incorporation or bylaws, any action that the corporation may take at any annual, regular or special meeting of members may be taken without a […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A. After fixing a record date for a meeting, a corporation shall prepare an alphabetical list of the names of all of its members who are entitled to notice of the meeting. The list shall show the […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A. Unless the articles of incorporation or bylaws provide otherwise, each member is entitled to one vote on each matter voted on by the members. A member is entitled to vote only on those matters expressly provided […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting Unless chapters 24 through 40 of this title or the articles of incorporation provide for a higher or lower quorum the bylaws may provide the number or percentage of members entitled to vote, present or represented by […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting Unless chapters 24 through 40 of this title provide otherwise, the articles of incorporation or the bylaws require a greater vote or voting by class, if a quorum is present, the affirmative vote of the votes represented […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A. A member may vote the member’s votes in person or by proxy. B. Unless the articles of incorporation or bylaws prohibit or limit proxy voting, a member may appoint a proxy to vote or otherwise act […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A. If the articles of incorporation or bylaws provide for cumulative voting by members, members may cumulate their votes for directors, by multiplying the number of votes the members are entitled to cast by the number of […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A corporation may provide in its articles of incorporation or bylaws the process for election of directors by members or delegates by any of the following means: 1. On the basis of chapter or other organizational unit. […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 2 – Voting A. If the name signed on a vote, consent, waiver or proxy appointment corresponds to the name of a member, the corporation if acting in good faith is entitled to accept the vote, consent, waiver or proxy […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 3 – Voting Agreement and Trusts If and to the extent a membership is transferable as provided in section 10-3611, and unless otherwise provided in the articles of incorporation or bylaws, one or more members may create a voting trust, […]
Title 10 – Corporations and Associations Chapter 30 – Members’ Meetings and Voting-nonprofit Corporations Article 3 – Voting Agreement and Trusts A. Two or more members may provide for the manner in which they will vote by signing an agreement for that purpose. B. Unless otherwise provided in the voting agreement, a voting agreement created […]