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 materially and adversely affect the rights of that class as to voting or transfer in a manner different than such action affects another class.
Cal. Corp. Code § 5813
Amendment of Articles
Known as the Nonprofit Public Benefit Corporation Law
The act spans §§ 5110–6910 (202 sections).
Amended by Stats. 1981, Ch. 587, Sec. 17.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.