§ 330. Alternative means of approval of transactions.
(a) General rule.--Except as provided in subsection (b) or the organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction.
(b) Exception.--Subsection (a) shall not apply to a nonprofit corporation.
Cross References. Section 330 is referred to in sections 321, 325 of this title.
Section: Previous 323 324 325 326 327 328 329 330 331 332 333 334 335 336 341 NextLast modified: October 8, 2016