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Ca. Corp. Code § 12224 - "Approval by (or approval of) the members" defined
Cite as | Ca. Corp. Code § 12224 |
"Approval by (or approval of) the members" means approved or ratified by the affirmative vote of a majority of the votes represented and voting at a duly held meeting at which a quorum is present (which affirmative votes also constitute a majority of the required quorum) or written ballot in conformity with Section 12463 or by the affirmative vote or written ballot of such greater proportion of ...
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