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2012 Utah Code
Title 16 - Corporations
Article 10a - Utah Revised Business Corporation Act
Section 1021 - Bylaw changing quorum or voting requirement for shareholders.
Universal Citation:
UT Code ยง 16-10a-1021 (2012)
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16-10a-1021. Bylaw changing quorum or voting requirement for shareholders.
(1) If authorized by the articles of incorporation or this chapter, the shareholders may adopt, amend, or repeal a bylaw that fixes a greater quorum or voting requirement for shareholders, or voting groups of shareholders, than is required by this chapter. Such action is subject to the provisions of Part 7, Shareholders.
(2) A bylaw that fixes a greater quorum or voting requirement for shareholders under Subsection (1) may not be adopted, amended, or repealed by the board of directors.
Amended by Chapter 85, 2007 General Session
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