Utah Code 16-10a-726. Action by single and multiple voting groups
Current as of: 2023 | Check for updates
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| (1) | If the articles of incorporation or this chapter provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in Section 16-10a-725. |
| (a) | amended and restated articles of incorporation; |
| (b) | articles of merger; and |
| (c) | a document of a similar import to those described in Subsections (4)(a) and (b). See Utah Code 16-10a-102 |
| (2) | If the articles of incorporation or this chapter provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in Section 16-10a-725. One voting group may vote on a matter even though another voting group entitled to vote on the matter has not voted. |
Enacted by Chapter 277, 1992 General Session