16-6a-714 - Quorum and voting requirements for voting groups.
16-6a-714. Quorum and voting requirements for voting groups.
(1) (a) Members entitled to vote as a separate voting group may take action on a matter ata meeting only if a quorum of those members exists with respect to that matter.
(b) Unless otherwise provided in this chapter or in accordance with Section 16-6a-716, ata meeting of the voting group, the members of the voting group that are represented for anypurpose at the meeting constitute a quorum of that voting group for action on a matter.
(2) Once a member is represented for any purpose at a meeting, including the purpose ofdetermining that a quorum exists, the member is considered present for quorum purposes:
(a) for the remainder of the meeting; and
(b) for any adjournment of that meeting, unless:
(i) otherwise provided in the bylaws; or
(ii) a new record date is or shall be set for that adjourned meeting.
(3) Action on a matter other than the election of directors by a voting group is approvedif:
(a) a quorum exists;
(b) the votes cast within the voting group favoring the action exceed the votes cast withinthe voting group opposing the action; and
(c) a greater number of affirmative votes is not required by this chapter or the bylaws.
(4) The election of directors is governed by Section 16-6a-717.
Amended by Chapter 13, 2001 Special Session 1