2010 Georgia Code 14-3-1022 Case Law
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One Click Case Law for § 14-3-1022
O.C.G.A. § 14-3-1021 <-- --> O.C.G.A. §14-3-1030



2010 Georgia Code

TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 3 - NONPROFIT CORPORATIONS
ARTICLE 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
PART 2 - AMENDMENT OF BYLAWS
§ 14-3-1022 - Voting by classes of members

O.C.G.A. 14-3-1022 (2010)
14-3-1022. Voting 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 bylaws 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 bylaws, 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 bylaws, 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.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com