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Art. 38

951.11NBAFederal ActMay 1, 2004Original source
  1. The Shareholders’ Meeting shall pass its resolutions and perform elections by an absolute majority of the voting stock present. In case of a tie, the chairperson shall have the casting vote.
  2. Balloting shall be open. It shall be secret if the chairperson so orders or at the request of at least 20 shareholders present.

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