The 1999 amendments to the Revised MBCA did not change the voting rule; fundamental changes still need be approved by a majority of the votes entitled to be cast.

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The 1999 amendments to the Revised Model Business Corporation Act (MBCA) changed the voting rule for fundamental changes. These changes now generally require approval by two-thirds of the votes entitled to be cast, unless the corporation's articles of incorporation or the state's corporation statute specifies a different threshold.

The 1999 Amendments to the Revised MBCA Did Not Change