The certificate of incorporation may dictate the need for a supermajority, class or series vote, although it would have to adhere to distinct rules governing the majority vote needed for companies in existence as of February 22, 1998 and those afterwards.<\/p>\n

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Which amendments require a special vote? Most amendments made to the certificate of incorporation only require the vote of a majority of all the outstanding shares entitled to vote. There are notable exceptions. One of these involves an amendment which would alter or strike out a provision for supermajority votes or quorums for shareholders. Such…<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[161],"tags":[],"class_list":["post-82344","post","type-post","status-publish","format-standard","hentry","category-corporate-and-commercial-law-en"],"acf":[],"yoast_head":"\n