13.1-850 - Action by single and multiple voting groups.
§ 13.1-850. Action by single and multiple voting groups.
A. If the articles of incorporation or this Act provides for voting by asingle voting group on a matter, action on that matter is taken when votedupon by that voting group as provided in § 13.1-849.
B. If the articles of incorporation or this Act provides for voting by two ormore voting groups on a matter, action on that matter is taken only whenvoted upon by each of those voting groups counted separately as provided in §13.1-849. Action may be taken by one voting group on a matter even though noaction is taken by another voting group entitled to vote on the matter.
(1985, c. 522; 2007, c. 925.)