Sec. 33-1071. Member voting rights.
Sec. 33-1071. Member voting rights. (a) Unless the certificate of incorporation
provides otherwise, each member, regardless of class, is entitled to one vote on each
matter voted on at a meeting of members. Voting rights of members of any class may
be increased, limited or denied by the certificate of incorporation.
(b) Members otherwise entitled to vote, but disqualified from voting for any reason,
shall not be considered for the purpose of quorum or of computing the voting power of
the corporation or of members of any class.
(c) A corporate member's vote may be cast by the president of the member corporation or by any other officer of such corporation in the absence of express notice of the
designation of some other person by the board of directors or bylaws of the member
corporation.
(P.A. 96-256, S. 49, 209.)
History: P.A. 96-256 effective January 1, 1997.