[§414-146]  Quorum and voting requirementsfor voting groups.  (a)  Shares entitled to vote as a separate voting groupmay take action on a matter at a meeting only if a quorum of those sharesexists with respect to that matter.  Unless the articles of incorporation orthis chapter provide otherwise, a majority of the votes entitled to be cast onthe matter by the voting group constitutes a quorum of that voting group foraction on that matter.

(b)  Once a share is represented for anypurpose at a meeting, it is deemed present for quorum purposes for theremainder of the meeting and for any adjournment of that meeting unless a newrecord date is or must be set for that adjourned meeting.

(c)  If a quorum exists, action on a matter(other than the election of directors) by a voting group is approved if thevotes cast within the voting group favoring the action exceed the votes castopposing the action, unless the articles of incorporation or this chapterrequire a greater number of affirmative votes.

(d)  An amendment of articles of incorporationadding, changing, or deleting a quorum or voting requirement for a voting groupgreater than specified in subsection (a) or (c) is governed by section 414-148.

(e)  The election of directors is governed bysection 414‑149. [L 2000, c 244, pt of §1]