30-30-510. VOTING ENTITLEMENT GENERALLY. (1) Unless the articles or bylaws provide otherwise, each member is entitled to one (1) vote on each matter voted on by the members, or by one (1) vote for each share of stock in a corporation that issues shares of stock instead of memberships, when authorized by the articles of incorporation of said corporation.
(2) Unless the articles or bylaws provide otherwise, if a membership stands of record in the names of two (2) or more persons, their acts with respect to voting shall have the following effect:
(a) If only one (1) votes, such act binds all; and
(b) If more than one (1) votes, the vote shall be divided on a pro rata basis.
History:
[30-30-510, added 2015, ch. 243, sec. 78, p. 982.]
Structure Idaho Code
Chapter 30 - IDAHO NONPROFIT CORPORATION ACT
Section 30-30-501 - ANNUAL AND REGULAR MEETINGS.
Section 30-30-502 - SPECIAL MEETING.
Section 30-30-503 - COURT-ORDERED MEETINGS.
Section 30-30-504 - ACTION BY WRITTEN CONSENT.
Section 30-30-505 - NOTICE OF MEETING.
Section 30-30-506 - WAIVER OF NOTICE.
Section 30-30-507 - RECORD DATE — DETERMINING MEMBERS ENTITLED TO NOTICE AND VOTE.
Section 30-30-508 - ACTION BY MAILED WRITTEN BALLOT OR ABSENTEE BALLOT.
Section 30-30-509 - MEMBERS’ LIST FOR MEETING.
Section 30-30-510 - VOTING ENTITLEMENT GENERALLY.
Section 30-30-511 - QUORUM REQUIREMENTS.
Section 30-30-512 - VOTING REQUIREMENTS.
Section 30-30-514 - CUMULATIVE VOTING FOR DIRECTORS.
Section 30-30-515 - OTHER METHODS OF ELECTING DIRECTORS.