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Title 7 – Corporations and Associations

Article 127 – Members’ Meetings and Voting

Lesser or greater quorum or greater voting requirements

7-127-207. Lesser or greater quorum or greater voting requirements

(1) The bylaws may provide for a lesser or a greater quorum requirement, or a greater voting requirement for members or voting groups than is provided for by articles 121 to 137 of this title.
(2) An amendment to the articles of incorporation or the bylaws that adds, changes, or deletes a lesser or a greater quorum requirement or a greater voting requirement shall meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirements then in effect or proposed to be adopted, whichever is greater.

History


Source: L. 97: Entire article added, p. 686, § 3, effective July 1, 1998. L. 98: Entire section amended, p. 623, § 27, effective July 1.