04. Voting on amendments by voting groups. (a) Except as otherwise provided in the articles of incorporation or bylaws, if a nonprofit corporation has more than one class of members, the members of each class shall be entitled to vote as a separate voting group, if member voting is otherwise required by this chapter, on a proposed amendment to the articles of incorporation if the amendment would: (1) Effect an exchange or reclassification of all or part of the memberships of the class into memberships of another class; (2) Effect an exchange or reclassification, or create the right of exchange, of all or part of the memberships of another class into memberships of the class; (3) Change the rights, preferences, or limitations of all or part of the memberships of the class in a manner different than the amendment would affect another class; (4) Change the rights, preferences, or limitations of all or part of the memberships of the class by changing the rights, preferences, or limitations of another class; (5) Increase or decrease the number of memberships authorized for that class; (6) Increase the number of memberships authorized for another class; or (7) Authorize a new limitations of another class; (5) Increase or decrease the number of memberships authorized for that class; (6) Increase the number of memberships authorized for another class; or (7) Authorize a new class of memberships. (b) If a class of members will be divided into 2 or more classes by an amendment to the articles of incorporation, the amendment shall be approved by a majority of the members of each class that will be created. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Section References This section is referenced in § 29-407.03, § 29-408.07, § 29-408.22, and § 29-409.04.
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