GroundRules
O.C.G.A. § 14-3-1004: Voting on amendments by classes of members.
Where this section sits in the code
- TITLE 14 Corporations, Partnerships, and Associations
- CHAPTER 3 Nonprofit Corporations
- Article 10 Amendment of Articles of Incorporation and Bylaws
- PART 1 Amendment of Articles of Incorporation
If the articles or bylaws provide for voting by classes of members, then unless the articles or bylaws provide otherwise:
(1) The members of a class are entitled to vote as a class on a proposed amendment to the articles if the amendment would change the rights of that class as to voting in a different manner than such amendment would affect another class or members of another class;
(2) If a class is to be divided into two or more classes as a result of an amendment to the articles, the amendment must be approved by the members of each class that would be created by the amendment; and
(3) If a class vote is required to approve an amendment to the articles, the amendment must be approved by the members of the class by two-thirds of the votes cast by the class or a majority of the voting power of the class, whichever is less.
Collected 2026-09-17T18:57:12Z. Source file · JSON
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