16.02.150 Shareholder Meeting; Quorum

(a) Unless a greater or lesser quorum is provided in the articles of incorporation, in a bylaw adopted by the shareholders or incorporators, or in this title, shares entitled to cast a majority of the votes at a meeting constitute a quorum at the meeting. Whether or not a quorum is present, the meeting may be adjourned by a vote of the shares present.

(b) When the holders of a class or series of shares are entitled to vote separately on an item of business, this section applies in determining the presence of a quorum of the class or series for transaction of the item of business.