Utah Code § 16-10a-1021

Bylaw changing quorum or voting requirement for shareholders.

Last amended: 2007Year: 2026Length: 80 wordsOfficial source
(1) If authorized by the articles of incorporation or this chapter, the shareholders may adopt, amend, or repeal a bylaw that fixes a greater quorum or voting requirement for shareholders, or voting groups of shareholders, than is required by this chapter. Such action is subject to the provisions of Part 7, Shareholders. (2) A bylaw that fixes a greater quorum or voting requirement for shareholders under Subsection (1) may not be adopted, amended, or repealed by the board of directors.
Utah Code § 16-10a-1021: Bylaw changing quorum or voting requirement for shareholders. | Justis AI