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.
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.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 4 - Mississippi Business Corporation Act
§ 79-4-7.20. Shareholders' list for meeting
§ 79-4-7.21. Voting entitlement of shares
§ 79-4-7.23. Shares held by nominees
§ 79-4-7.24. Corporation's acceptance of votes
§ 79-4-7.25. Quorum and voting requirements for voting groups
§ 79-4-7.26. Action by single and multiple voting groups
§ 79-4-7.27. Greater quorum or voting requirements
§ 79-4-7.28. Voting for directors; cumulative voting
§ 79-4-7.29. Appointment of election inspectors; duties of inspectors