§ 55-7-27. Greater quorum or voting requirements.
§55‑7‑27. Greater quorum or voting requirements.
(a) The articles ofincorporation or a bylaw adopted by the shareholders may provide for a greaterquorum or voting requirement for shareholders (or voting groups ofshareholders) than is provided for by this Chapter. Any such bylaw adopted bythe shareholders after the effective date of this section must be approved by aquorum and vote sufficient to amend the articles of incorporation for thatpurpose.
(b) Any provision inthe articles of incorporation or bylaws prescribing the quorum or vote requiredfor any purpose as permitted by this section may not itself be amended by aquorum or vote less than the quorum or vote therein prescribed. (1955,c. 1371, s. 1; 1959, c. 1316, ss. 2, 3; 1973, c. 469, ss. 4, 22; 1989, c. 265,s. 1.)