5914 - Adoption of amendments.
§ 5914. Adoption of amendments. (a) General rule.--The proposed amendment shall be adopted upon receiving the affirmative vote of the members present entitled to cast at least a majority of the votes which all members present are entitled to cast thereon, and if any class of members is entitled to vote thereon as a class, the affirmative vote of the members present of such class entitled to cast at least a majority of the votes which all members present of such class are entitled to cast thereon. Any number of amendments may be submitted to the members and voted upon by them at one meeting. (b) Adoption in absence of voting members.--If the corporation has no members entitled to vote thereon, the amendment shall be deemed adopted by the corporation when it has been adopted by the board of directors or other body pursuant to section 5912 (relating to proposal of amendments). (c) Termination of proposal.--The resolution or petition may contain a provision that at any time prior to the filing of articles of amendment in the Department of State the proposal may be terminated by the board of directors or other body notwithstanding the adoption of the amendment by the corporation. (d) Amendment of voting provisions.--Notwithstanding any contrary provision of the articles or bylaws, whenever the articles shall require for the taking of any action by the members or a class of members a specific number or percentage of votes the provision of the articles setting forth such requirement shall not be amended or repealed by any lesser number or percentage of votes of the members or of such class of members. (Dec. 21, 1988, P.L.1444, No.177, eff. Oct. 1, 1989) 1988 Amendment. Act 177 amended subsec. (b). Cross References. Section 5914 is referred to in section 5953 of this title.