{"data":{"id":"us-gu/18-gca-17514","jurisdiction":"us-gu","citation":"18 GCA § 17514","heading":"Voting Requirements for Members.","body":"If a limited cooperative association has both patron and investor members, the following rules apply:\n(a) the total voting power of all patron members may not be less than eighty percent (80%) of a majority of the entire voting power entitled to vote.\n(b) action on any matter is approved only upon the affirmative vote of at least a majority of:\n(1) all members voting at the meeting unless more than a majority is required by Articles 4, 12, 14, or 16, or pursuant to the organic rules; and\n(2) votes cast by patron members unless the articles of organization or bylaws require a larger affirmative vote by patron members.\n(c) The organic rules may provide for the percentage of the affirmative votes that must be cast by investor members to approve the matter.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 2 - Special Corporate Forms","Chapter 17: Guam Uniform Limited Cooperative Association Act","ARTICLE 5: MEMBERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc017.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:54:38Z","sha256":"4a26f31af03e9e9639e67277dbad6b75a2c0b9562b6058519ed958c3f157891b","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-17513","next":"us-gu/18-gca-17515"},"notice":"GroundRules: Original legal text. Not legal advice."}