Legislation
SECTION 6014
Vote of stockholders
Banking (BNK) CHAPTER 2, ARTICLE 15, TITLE 6
§ 6014. Vote of stockholders. 1. Directors shall, except as otherwise
required by this article or by the organization certificate as permitted
by this article, be elected by a plurality of the votes cast at a
meeting of stockholders by the holders of shares entitled to vote in the
election.
2. Whenever any corporate action, other than the election of
directors, is to be taken under this chapter by vote of the
stockholders, it shall, except as otherwise required by this chapter or
by the organization certificate as permitted by this article, be
authorized by a majority of the votes cast at a meeting of stockholders
by the holders of shares entitled to vote thereon.
required by this article or by the organization certificate as permitted
by this article, be elected by a plurality of the votes cast at a
meeting of stockholders by the holders of shares entitled to vote in the
election.
2. Whenever any corporate action, other than the election of
directors, is to be taken under this chapter by vote of the
stockholders, it shall, except as otherwise required by this chapter or
by the organization certificate as permitted by this article, be
authorized by a majority of the votes cast at a meeting of stockholders
by the holders of shares entitled to vote thereon.