Greater Quorum or Voting Requirements; Shareholders Meeting; Directors Prohibited From Action

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  6. Greater Quorum or Voting Requirements; Shareholders Meeting; Directors Prohibited From Action

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Sec. 2. (a) If expressly authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders or voting groups of shareholders than is required by this article.

(b) A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.

As added by P.L.14-1992, SEC.163.


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