Current through the 2024 Fourth Special Session
Section 16-6a-711 - Voting entitlement generally(1) Unless otherwise provided by the bylaws: (a) only voting members may vote with respect to any matter required or permitted under this chapter to be submitted to a vote of the members;(b) all references in this chapter to votes of or voting by the members permit voting only by the voting members; and(c) voting members may vote with respect to all matters required or permitted under this chapter to be submitted to a vote of the members.(2) Unless otherwise provided by the bylaws, each member entitled to vote may cast: (a) one vote on each matter submitted to a vote of members for nonprofit corporations other than those in Subsection (2)(b); and(b) one vote for each share held by the member on each matter submitted for a vote of members if the nonprofit corporation issues shares to its members.(3) Unless otherwise provided by the bylaws, if a membership stands of record in the names of two or more persons, the membership's acts with respect to voting have the following effect: (a) If only one votes, the act binds all of the persons whose membership is jointly held.(b) If more than one votes, the vote is divided on a pro-rata basis.Amended by Chapter 240, 2015 General Session ,§ 9, eff. 5/12/2015.Amended by Chapter 315, 2007 General Session