Section 10A-2A-7.26 - Action by single and multiple voting groups(a) If the certificate of incorporation or this chapter provides for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in Section 10A-2A-7.25.(b) If the certificate of incorporation or this chapter provides for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in Section 10A-2A-7.25. Action may be taken by different voting groups on a matter at different times.Ala. Code § 10A-2A-7.26 (1975)
Added by Act 2019-94,§ 1, eff. 1/1/2020.