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Arizona Arizona Revised Statutes

§ 10-11023 — Bylaw increasing quorum or voting requirement for members

ARS § 10-11023Title 10. Corporations and Associations · Ch. 33. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS-NONPROFIT CORPORATIONS · Art. 2. Bylaws

Statute text

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10-11023. Bylaw increasing quorum or voting requirement for members A. If authorized by the articles of incorporation, members may adopt or amend a bylaw that fixes a greater quorum or voting requirement for members, or of classes of members, than is required by chapters 24 through 40 of this title. The adoption or amendment of a bylaw that adds, changes or deletes a greater quorum or voting requirement for members shall meet the same quorum requirement and shall be adopted by the same vote and classes of members required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater. B. A bylaw that fixes a greater quorum or voting requirement for members under subsection A shall not be adopted, amended or repealed by the board of directors.

Source: Arizona Arizona Revised Statutes § 10-11023 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.