Section 711 - Voting entitlement generally.

UT Code § 16-6a-711 (2019) (N/A)
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(1) Unless otherwise provided by the bylaws: (a) only voting members may vote with respect to any matter required or permitted under this 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 only by the voting members; and (c) voting members may vote with respect to all matters required or permitted under this chapter to be submitted to a vote of the members.

(a) only voting members may vote with respect to any matter required or permitted under this 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 only by the voting members; and

(c) voting members may vote with respect to all matters required or permitted under this chapter to be submitted to a vote of the members.

(2) Unless otherwise provided by the bylaws, each member entitled to vote may cast: (a) one vote on each matter submitted to a vote of members for nonprofit corporations other than those in Subsection (2)(b); and (b) one vote for each share held by the member on each matter submitted for a vote of members if the nonprofit corporation issues shares to its members.

(a) one vote on each matter submitted to a vote of members for nonprofit corporations other than those in Subsection (2)(b); and

(b) one vote for each share held by the member on each matter submitted for a vote of members if the nonprofit corporation issues shares to its members.

(3) Unless otherwise provided by the bylaws, if a membership stands of record in the names of two or more persons, the membership's acts with respect to voting have the following effect: (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.

(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.