California Corporations Code

§ 5813

CORP § 5813Div. 2 · Title 1 · Part 2 · Ch. 8

Statute text

An amendment must also be approved by the members (Section 5034) of a class, whether or not such class is entitled to vote thereon by the provisions of the articles or bylaws, if the amendment would materially and adversely affect the rights of that class as to voting or transfer in a manner different than such action affects another class.

Legislative history

Amended by Stats. 1981, Ch. 587, Sec. 17.