Legislation
SECTION 616
Voting by class of members
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 6
§ 616. Voting by class of members.
(a) The certificate of incorporation or the by-laws may contain
provisions specifying that any class or classes of members shall vote as
a class in connection with the transaction of any business or of any
specified item of business at a meeting of members, including amendments
to the certificate of incorporation.
(b) Where voting as a class is provided in the certificate of
incorporation or the by-laws, it shall be by the proportionate vote so
provided or, if no proportionate vote is provided, in the election of
directors, by a plurality of the votes cast at such meeting by the
members of such class entitled to vote in the election, or for any other
corporate action, by a majority of the votes cast at such meeting by the
members of such class entitled to vote thereon.
(c) Such voting by class shall be in addition to any other vote,
including vote by class, required by this chapter or by the certificate
of incorporation or the by-laws as permitted by this chapter.
(a) The certificate of incorporation or the by-laws may contain
provisions specifying that any class or classes of members shall vote as
a class in connection with the transaction of any business or of any
specified item of business at a meeting of members, including amendments
to the certificate of incorporation.
(b) Where voting as a class is provided in the certificate of
incorporation or the by-laws, it shall be by the proportionate vote so
provided or, if no proportionate vote is provided, in the election of
directors, by a plurality of the votes cast at such meeting by the
members of such class entitled to vote in the election, or for any other
corporate action, by a majority of the votes cast at such meeting by the
members of such class entitled to vote thereon.
(c) Such voting by class shall be in addition to any other vote,
including vote by class, required by this chapter or by the certificate
of incorporation or the by-laws as permitted by this chapter.