(1) By a majority of the members of the board of directors of the corporation; and
(2) If the corporation has members, by the lesser of:
(A) Two-thirds (2/3) of the votes cast by the members in person or by proxy at a regular or special meeting of the members at which a quorum as defined in § 4-33-722 is present; or
(B) A majority of the members.
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