Corp. Code §7813. Circumstances Requiring Approval by Class

California Corporations Code  >   Corp. Code §7813. Circumstances Requiring Approval by Class
An amendment must also be approved by the members (Section 5034) of a class, whether or not such class is entitled to vote thereon by the provisions of the articles or bylaws, if the amendment would:
 (a) Materially and adversely affect the rights, privileges, preferences, restrictions or conditions of that class as to voting, dissolution, redemption or transfer in a manner different than such action affects another class;
 (b) Materially and adversely affect such class as to voting, dissolution, redemption or transfer by changing the rights, privileges, preferences, restrictions or conditions of another class;
 (c) Increase or decrease the number of memberships authorized for such class;
 (d) Increase the number of memberships authorized for another class;
 (e) Effect an exchange, reclassification or cancellation of all or part of the memberships of such class; or
 (f) Authorize a new class of memberships. [1981]

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