What is the procedure for voting on resolutions at a shareholders' meeting?

At a shareholders’ meeting in North Carolina, voting on resolutions requires the presence of a quorum, which is the minimum number of shareholders required to conduct business. When a quorum is present, all resolutions must be read and, afterwards, the shareholders can vote on whether to accept the resolution or not. Voting can be done through three methods: show of hands, roll call, and written ballot. During a show of hands, the shareholders can simply raise their hands if they agree with the resolution, or keep their hands down if they disagree. A roll call or voice vote works in a similar manner where shareholders verbally agree or disagree with the resolution. In a written ballot, shareholders receive an official paper ballot and check if they support the resolution or not. Once the votes are cast, it is the responsibility of a designated inspector of election to count the ballots and ensure a fair vote. Once the inspector has calculated the votes, they must report the results to the chairman of the meeting who will then announce the results to the shareholders. If the resolution receives a majority vote, it will then be passed. If not, it will be denied.

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What is the procedure for voting on resolutions at a shareholders' meeting?

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