72-34-326. Voting rights with respect to corporate shares, memberships, or property.


     72-34-326. Voting rights with respect to corporate shares, memberships, or property. With respect to any shares of stock of a domestic or foreign corporation, any membership in a nonprofit corporation, or any other property, a trustee has the power to do any of the following:
     (1) vote in person and give proxies to exercise any voting rights with respect to the shares, memberships, or property;
     (2) waive notice of a meeting or give consent to the holding of a meeting; or
     (3) authorize, ratify, approve, or confirm any action that could be taken by shareholders, members, or property owners.

     History: En. Sec. 123, Ch. 685, L. 1989.