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 at a 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, at a meeting of the voting group, the members of the voting group that are represented for any purpose 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 of determining 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 directorsfn1 by a voting group is approved if:
      (a) a quorum exists;
      (b) the votes cast within the voting group favoring the action exceed the votes cast within the 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.


FN 1.  Election of directors is by plurality vote (the candidate with the most votes, wins), instead of by majority of votes cast, as provided in subsection 16-6a-717(3), and unless otherwise provided in the bylaws.

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