10-11024

10-11024. Bylaw increasing quorum or voting
requirement for directors

A. A bylaw that fixes a greater quorum or voting requirement for the board of
directors may be amended or repealed as follows:

1. If originally adopted by the members, only by the members.

2. If originally adopted by the board of directors, either by the members or by the
board of directors.

B. A bylaw that is adopted or amended by the members and that fixes a greater
quorum or voting requirement for the board of directors may provide that it may be
amended or repealed only by a specified vote of either the members or the board of
directors.

C. Action by the board of directors under subsection A, paragraph 2 to adopt or
amend a bylaw that changes the quorum or voting requirement for the board of directors
shall meet the same quorum requirement and shall be adopted by the same vote required to
take action under the quorum and voting requirement then in effect or proposed to be
adopted, whichever is greater.