Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - PEDEVCO CORP | ped_8k.htm |
Exhibit 3.1
AMENDMENT TO THE
BYLAWS
OF
PEDEVCO
CORP.
Effective October
21, 2016, Section 3.8 of the Bylaws of PEDEVCO Corp. (the
“Company”), as amended and restated to date, is hereby
amended and restated in its entirety as follows:
“3.8 Quorum.
Except as otherwise required by law, the holders of 33 1/3% of all
of the shares of the stock entitled to vote at the meeting, present
in person or by proxy, shall constitute a quorum for all purposes
at any meeting of the Stockholders. In the absence of a quorum at
any meeting or any adjournment thereof, the holders of a majority
of the shares of stock entitled to vote who are present, in person
or by proxy, or, in the absence therefrom of all the Stockholders,
any officer entitled to preside at, or to act as secretary of, such
meeting may adjourn such meeting to another place, date or
time.
If the
chairman of the meeting gives notice of any adjourned special
meeting of Stockholders to all Stockholders entitled to vote
thereat, stating that the minimum percentage of stockholders for a
quorum provided by Texas law shall constitute a quorum, then,
except as otherwise required by law, that percentage at such
adjourned meeting shall constitute a quorum and a majority of the
votes cast at such meeting shall determine all
matters.”