Sec. 33-710. Action by single and multiple voting groups. - Connecticut Statutes

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Statutes > Connecticut > Title33 > Chap601 > Sec33-710

      Sec. 33-710. Action by single and multiple voting groups. (a) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 33-709.

      (b) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 33-709. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

      (P.A. 94-186, S. 69, 215; P.A. 96-271, S. 55, 254.)

      History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced "articles" of incorporation with "certificate" of incorporation where appearing, effective January 1, 1997.

      Annotations to former section 33-43:

      Right to majority of stockholders to control policy of corporation; amendment of bylaws as to number and term of directors and date of annual meeting. 75 C. 669; 84 C. 276. Ordinarily, stockholders act by majority vote of stock represented at duly called meeting. 83 C. 43. See notes to sections 33-324, 33-325 and 33-327. Cited. 141 C. 325.

State Codes and Statutes

Statutes > Connecticut > Title33 > Chap601 > Sec33-710

      Sec. 33-710. Action by single and multiple voting groups. (a) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 33-709.

      (b) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 33-709. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

      (P.A. 94-186, S. 69, 215; P.A. 96-271, S. 55, 254.)

      History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced "articles" of incorporation with "certificate" of incorporation where appearing, effective January 1, 1997.

      Annotations to former section 33-43:

      Right to majority of stockholders to control policy of corporation; amendment of bylaws as to number and term of directors and date of annual meeting. 75 C. 669; 84 C. 276. Ordinarily, stockholders act by majority vote of stock represented at duly called meeting. 83 C. 43. See notes to sections 33-324, 33-325 and 33-327. Cited. 141 C. 325.

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State Codes and Statutes

Statutes > Connecticut > Title33 > Chap601 > Sec33-710

      Sec. 33-710. Action by single and multiple voting groups. (a) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 33-709.

      (b) If the certificate of incorporation or sections 33-600 to 33-998, inclusive, provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 33-709. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

      (P.A. 94-186, S. 69, 215; P.A. 96-271, S. 55, 254.)

      History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced "articles" of incorporation with "certificate" of incorporation where appearing, effective January 1, 1997.

      Annotations to former section 33-43:

      Right to majority of stockholders to control policy of corporation; amendment of bylaws as to number and term of directors and date of annual meeting. 75 C. 669; 84 C. 276. Ordinarily, stockholders act by majority vote of stock represented at duly called meeting. 83 C. 43. See notes to sections 33-324, 33-325 and 33-327. Cited. 141 C. 325.