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the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 7 Shareholders
271B.7.270 Greater quorum or voting requirements.
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271B.7-270 Greater quorum or voting requirements.
(1) The articles of incorporation may provide for a greater quorum or voting
requirement for shareholders (or voting groups of shareholders) than is provided for <br>by this chapter.
(2) An amendment to the articles of incorporation that adds, changes, or deletes a
greater quorum or voting requirement shall meet the same quorum requirement and <br>be adopted by the same vote and voting groups required to take action under the <br>quorum and voting requirements then in effect or proposed to be adopted, <br>whichever is greater.
Effective: July 15, 2010 <br>History: Repealed and reenacted 2010 Ky. Acts ch. 51, sec. 63, effective July 15, 2010.
-- Amended 2007 Ky. Acts ch. 137, sec. 63, effective June 26, 2007. -- Created 1988 <br>Ky. Acts ch. 23, sec. 63, effective January 1, 1989.
Legislative Research Commission Note (7/15/2010). 2010 Ky. Acts ch. 51, sec. 183,
provides, "The specific textual provisions of Sections 1 to 178 of this Act which <br>reflect amendments made to those sections by 2007 Ky. Acts ch. 137 shall be deemed <br>effective as of June 26, 2007, and those provisions are hereby made expressly <br>retroactive to that date, with the remainder of the text of those sections being <br>unaffected by the provisions of this section."
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