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Code · Utah · Title 16 — Corporations · Chapter 6A

16-6a-714. Quorum and voting requirements for voting groups.

245 words·~1 min read·/ut/title-16/chapter-6a/16-6a-714·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

16-6a-714. Quorum and voting requirements for voting groups.
(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 directors 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
Amended by Chapter 13 , 2001 Special Session 1
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