Section 330 - Alternative means of approval of transactions

(a) General rule.--Except as provided in subsection (b) or the organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction. (b) Exception.--Subsection (a) shall not apply to a nonprofit corporation. Cross References. Section 330 is referred to in sections 321, 325 of this title.