Utah Statutes

§ 16-10a-1021 — Bylaw changing quorum or voting requirement for shareholders.

Utah·Title 16 Corporations·Ch. 16-10a Utah Revised Business Corporation Act·Part 16-10a-10 Amendment of Articles of Incorporation and Bylaws
(1)If authorized by the articles of incorporation or this chapter, the shareholders may adopt, amend, or repeal a bylaw that fixes a greater quorum or voting requirement for shareholders, or voting groups of shareholders, than is required by this chapter. Such action is subject to the provisions of Part 7, Shareholders.
(2)A bylaw that fixes a greater quorum or voting requirement for shareholders under Subsection (1) may not be adopted, amended, or repealed by the board of directors.

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Legislative History

Amended by Chapter 85, 2007 General Session

Nearby Sections

15
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