Ala. Code § 10A-3A-7.25

Current through the 2024 Regular Session.
Section 10A-3A-7.25 - Action by single and multiple voting groups
(a) If this chapter, the certificate of incorporation, or the bylaws provide 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-3A-7.24.
(b) If this chapter, the certificate of incorporation, or the bylaws provide 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-3A-7.24. Action may be taken by different voting groups on a matter at different times.

Ala. Code § 10A-3A-7.25 (1975)

Added by Act 2023-503,§ 1, eff. 1/1/2024.