18 GCA § 17404: Voting by District, Class, or Voting Group.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 2 - Special Corporate Forms
- Chapter 17: Guam Uniform Limited Cooperative Association Act
- ARTICLE 4: AMENDMENT OF ARTICLES OF ORGANIZATION OR BYLAWS OF LIMITED COOPERATIVE ASSOCIATION
(a) This Section applies if the articles of organization or bylaws provide for voting by district or class, or if there is one (1) or more identifiable voting groups that a proposed amendment to the articles of organization or bylaws would affect differently from other members with respect to matters identified in § 17405(e)(1) through (5). Approval of the amendment requires the same percentage of votes of the members of that district, class, or voting group required in §§ 17405 and 17514.
(b) If a proposed amendment to the organic rules would affect members in two (2) or more districts or classes entitled to vote separately under Subsection (a) of this Section in the same or a substantially similar way, the districts or classes affected must vote as a single voting group unless the organic rules otherwise provide for separate voting.
Collected 2026-09-27T03:54:38Z. Source file · JSON