(1) Unless otherwise provided by the bylaws:
     (a) only voting members may vote with respect to any matter required or permitted under this chapter to be submitted to a vote of the members;
     (b) all references in this chapter to votes of or voting by the members permit voting only by the voting members; and
     (c) voting members may vote with respect to all matters required or permitted under this chapter to be submitted to a vote of the members.

(2) Unless otherwise provided by the bylaws, each member entitled to vote may cast:
     (a) one vote on each matter submitted to a vote of members for nonprofit corporations other than those in Subsection (2)(b); and
     (b) one vote for each share held by the member on each matter submitted for a vote of members if the nonprofit corporation issues shares to its members.

(3) Unless otherwise provided by the bylaws, if a membership stands of record in the names of two or more persons, the membership's acts with respect to voting have the following effect:
     (a) If only one votes, the act binds all of the persons whose membership is jointly held.
     (b) If more than one votes, the vote is divided on a pro-rata basis. 

Amended 2007, ch. 315; 2015, ch. 240, eff. May 12, 2015.