Nevada Business Associations; Securities; Commodities

Sec. § 78.3791
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.

Last accessed
Feb. 5, 2021