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2005 Connecticut Code - Sec. 33-808. Bylaw increasing quorum or voting requirement for directors.
Sec. 33-808. Bylaw increasing quorum or voting requirement for directors.
(a) A bylaw that fixes a greater quorum or voting requirement for the board of directors
may be amended or repealed: (1) If originally adopted by the shareholders, only by the
shareholders; (2) if originally adopted by the board of directors, either by the shareholders or by the board of directors.
(c) Action by the board of directors under subdivision (2) of subsection (a) of this section to adopt or amend a bylaw that changes the quorum or voting requirement for the board of directors must meet the same quorum requirement and be adopted by the same vote required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater.
(P.A. 94-186, S. 131, 215.)
History: P.A. 94-186 effective January 1, 1997.
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