D.C. Code § 29-305.26: Action by single and multiple voting groups.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 3. Business Corporations.
- Subchapter V. Shareholders.
- Part B. Voting.
(a)
If the articles of incorporation or this chapter provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in § 29-305.25.
(b)
If the articles of incorporation or this chapter provide for voting by 2 or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in § 29-305.25. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.
Collected 2026-08-29T05:44:07Z. Source file · JSON