16-6a-711 - Voting entitlement generally. - Utah Statutes

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Statutes > Utah > Title-16 > Chapter-06a > 16-6a-711

16-6a-711. Voting entitlement generally.
(1) Unless otherwise provided by the bylaws:
(a) only voting members may vote with respect to any matter required or permitted underthis chapter to be submitted to a vote of the members;
(b) all references in this chapter to votes of or voting by the members permit voting onlyby the voting members; and
(c) voting members may vote with respect to all matters required or permitted under thischapter to be submitted to a vote of the members.
(2) Unless otherwise provided by the articles of incorporation, each member entitled tovote may cast:
(a) one vote on each matter submitted to a vote of members for nonprofit corporationsother than those in Subsection (2)(b); and
(b) one vote for each share held by the member on each matter submitted for a vote ofmembers if the nonprofit corporation issues shares to its members.
(3) Unless otherwise provided by the bylaws, if a membership stands of record in thenames of two or more persons, the membership's acts with respect to voting have the followingeffect:
(a) If only one votes, the act binds all of the persons whose membership is jointly held.
(b) If more than one votes, the vote is divided on a pro-rata basis.

Amended by Chapter 315, 2007 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-711

16-6a-711. Voting entitlement generally.
(1) Unless otherwise provided by the bylaws:
(a) only voting members may vote with respect to any matter required or permitted underthis chapter to be submitted to a vote of the members;
(b) all references in this chapter to votes of or voting by the members permit voting onlyby the voting members; and
(c) voting members may vote with respect to all matters required or permitted under thischapter to be submitted to a vote of the members.
(2) Unless otherwise provided by the articles of incorporation, each member entitled tovote may cast:
(a) one vote on each matter submitted to a vote of members for nonprofit corporationsother than those in Subsection (2)(b); and
(b) one vote for each share held by the member on each matter submitted for a vote ofmembers if the nonprofit corporation issues shares to its members.
(3) Unless otherwise provided by the bylaws, if a membership stands of record in thenames of two or more persons, the membership's acts with respect to voting have the followingeffect:
(a) If only one votes, the act binds all of the persons whose membership is jointly held.
(b) If more than one votes, the vote is divided on a pro-rata basis.

Amended by Chapter 315, 2007 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-711

16-6a-711. Voting entitlement generally.
(1) Unless otherwise provided by the bylaws:
(a) only voting members may vote with respect to any matter required or permitted underthis chapter to be submitted to a vote of the members;
(b) all references in this chapter to votes of or voting by the members permit voting onlyby the voting members; and
(c) voting members may vote with respect to all matters required or permitted under thischapter to be submitted to a vote of the members.
(2) Unless otherwise provided by the articles of incorporation, each member entitled tovote may cast:
(a) one vote on each matter submitted to a vote of members for nonprofit corporationsother than those in Subsection (2)(b); and
(b) one vote for each share held by the member on each matter submitted for a vote ofmembers if the nonprofit corporation issues shares to its members.
(3) Unless otherwise provided by the bylaws, if a membership stands of record in thenames of two or more persons, the membership's acts with respect to voting have the followingeffect:
(a) If only one votes, the act binds all of the persons whose membership is jointly held.
(b) If more than one votes, the vote is divided on a pro-rata basis.

Amended by Chapter 315, 2007 General Session