Sec. 33-807. Bylaw increasing quorum or voting requirement for shareholders.
Sec. 33-807. Bylaw increasing quorum or voting requirement for shareholders. (a) If authorized by the certificate of incorporation, the shareholders may adopt or
amend a bylaw that fixes a greater quorum or voting requirement for shareholders or
voting groups of shareholders than is required by sections 33-600 to 33-998, inclusive.
The adoption or amendment of a bylaw that adds, changes or deletes a greater quorum
requirement for shareholders must meet the same quorum requirement and be adopted
by the same vote and voting groups required to take action under the quorum and voting
requirement then in effect or proposed to be adopted, whichever is greater.
(b) A bylaw that fixes a greater quorum or voting requirement for shareholders
under subsection (a) of this section may not be adopted, amended or repealed by the
board of directors.
(P.A. 94-186, S. 130, 215; P.A. 96-271, S. 97, 254.)
History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 amended Subsec. (a) to replace "articles" of incorporation
with "certificate" of incorporation, effective January 1, 1997.