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§ 79-4-7.26. Action by single and multiple voting groups

MS Code § 79-4-7.26 (2019) (N/A)
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(a) If the articles of incorporation or Sections 79-4-1.01 et seq. 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 79-4-7.25.

(b) If the articles of incorporation or Sections 79-4-1.01 et seq. provide for voting by two (2) 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 79-4-7.25. Action may be taken by one (1) voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

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§ 79-4-7.25. Quorum and voting requirements for voting groups
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§ 79-4-7.27. Greater quorum or voting requirements