(1) Members entitled to vote as a separate voting group may take action on a matter
at a meeting only if a quorum of those members exists with respect to that matter. Unless otherwise provided in articles 121 to 137 of this title or the bylaws, twenty-five
percent of the votes entitled to be cast on the matter by the voting group constitutes
a quorum of that voting group for action on that matter.
(2) Once a member is represented for any purpose at a meeting, including the purpose
of determining that a quorum exists, the member is deemed present for quorum purposes
for the remainder of the meeting and for any adjournment of that meeting, unless otherwise
provided in the bylaws or unless a new record date is or shall be set for that adjourned
(3) If a quorum exists, action on a matter other than the election of directors by
a voting group is approved if the votes cast within the voting group favoring the
action exceed the votes cast within the voting group opposing the action, unless a
greater number of affirmative votes is required by articles 121 to 137 of this title
or the bylaws.
(4) An amendment to the articles of incorporation or the bylaws adding, changing,
or deleting a quorum or voting requirement for a voting group greater than that specified
in subsection (1) or (3) of this section is governed by section 7-127-207(2).
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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