221.0501 Quorum and voting requirements for voting groups.
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/wi/chapter-221/221-0501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
221.0501 Quorum and voting requirements for voting groups.
(1)Quorum requirement. Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation, the bylaws or this chapter provide otherwise, a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter.