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The Vermont Statutes Online


Title 11A : Vermont Business Corporations

Chapter 007 : SHAREHOLDERS

Subchapter 002 : VOTING

(Cite as: 11A V.S.A. § 7.27)
  • § 7.27. Greater quorum or voting requirements

    (a) The articles of incorporation may provide for a greater quorum or voting requirement for shareholders (or voting groups of shareholders) than is provided for by this title.

    (b) An amendment to the articles of incorporation that adds, changes, or deletes a greater quorum or voting requirement must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirements then in effect or proposed to be adopted, whichever is greater. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)