16:13-7 - Corporate action by majority vote;Ā right to vote
16:13-7.Ā Corporate action by majority vote;Ā right to vote
The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual.Ā No memberĀ shall be allowed to vote on any matter which immediately affects himself, hisĀ private interest or emolument.
Ā
The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual.Ā No memberĀ shall be allowed to vote on any matter which immediately affects himself, hisĀ private interest or emolument.
Ā