14-3-708
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14-3-708.
(a)
Unless prohibited or limited by the articles or bylaws, any action that may be
taken at any annual, regular, or special meeting of members may be taken without
a meeting if the corporation delivers a ballot in writing or by electronic
transmission to every member entitled to vote on the matter.
(b)
A ballot in writing or by electronic transmission shall:
(1)
Set forth each proposed action; and
(2)
Provide an opportunity to vote for or against each proposed action.
(c)
Approval by ballot in writing or by electronic transmission pursuant to this
Code section shall be valid only when the number of votes cast by ballot equals
or exceeds the quorum required to be present at a meeting authorizing the
action, and the number of approvals equals or exceeds the number of votes that
would be required to approve the matter at a meeting at which the total number
of votes cast was the same as the number of votes cast by ballot.
(d)
All solicitations for votes by ballot in writing or by electronic transmission
shall:
(1)
Indicate the number of responses needed to meet the quorum requirements;
(2)
State the percentage of approvals necessary to approve each matter other than
election of directors; and
(3)
Specify the time by which a ballot must be received by the corporation in order
to be counted.
(e)
Except as otherwise provided in the articles or bylaws, a ballot in writing or
by electronic transmission may not be revoked.