[§414-147] Action by single and multiple voting groups.
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/hi/chapter-414/414-147A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§414-147] Action by single and multiple voting groups.
(a)If the articles of incorporation or this chapter provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 414-146.
(b)If the articles of incorporation or this chapter provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 414-146. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter. [L 2000, c 244, pt of §1]