One Click Case Law for § 14-3-1004
O.C.G.A. § 14-3-1003 <-- --> O.C.G.A. §14-3-1005-1

2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 3 - NONPROFIT CORPORATIONS
ARTICLE 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
PART 1 - AMENDMENT OF ARTICLES OF INCORPORATION
§ 14-3-1004 - Voting on amendments by classes of members

O.C.G.A. 14-3-1004 (2010)
14-3-1004. Voting on amendments by classes of members


If the articles or bylaws provide for voting by classes of members, then unless the articles or bylaws provide otherwise:

(1) The members of a class are entitled to vote as a class on a proposed amendment to the articles if the amendment would change the rights of that class as to voting in a different manner than such amendment would affect another class or members of another class;

(2) If a class is to be divided into two or more classes as a result of an amendment to the articles, the amendment must be approved by the members of each class that would be created by the amendment; and

(3) If a class vote is required to approve an amendment to the articles, the amendment must be approved by the members of the class by two-thirds of the votes cast by the class or a majority of the voting power of the class, whichever is less.