Nevada Business Associations; Securities; Commodities
Approval of voting rights of acquiring person.
Except as otherwise provided by the articles of incorporation of the issuing corporation, a resolution of the stockholders granting voting rights to the control shares acquired by an acquiring person must be approved by:
The holders of a majority of the voting power of the corporation; and
If the acquisition would adversely alter or change any preference or any relative or other right given to any other class or series of outstanding shares, the holders of a majority of each class or series affected,Ê excluding those shares as to which any interested stockholder exercises voting rights.