2012 Utah Code
Title 16 - Corporations
Article 16 - Uniform Limited Cooperative Association Act
Section 404 - Voting by district, class, or voting group.


UT Code § 16-16-404 (2012) What's This?

16-16-404. Voting by district, class, or voting group.

(1) This section applies if the organic rules provide for voting by district or class, or if there is one or more identifiable voting groups that a proposed amendment to the organic rules would affect differently from other members with respect to matters identified in Subsections 16-16-405(5)(a) through (e). Approval of the amendment requires the same percentage of votes of the members of that district, class, or voting group required in Sections 16-16-405 and 16-16-514.

(2) If a proposed amendment to the organic rules would affect members in two or more districts or classes entitled to vote separately under Subsection (1) in the same or a substantially similar way, the districts or classes affected shall vote as a single voting group unless the organic rules otherwise provide for separate voting.


Amended by Chapter 378, 2010 General Session

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