§ 46. Proportionate voting. A corporation incorporated under this
chapter may provide in its certificate of incorporation for
proportionate or unequal voting rights of all its members, based upon
the patronage of said members, which shall be exercised when and as
provided in the by-laws of the corporation, except that no members shall
be entitled to more than one vote in any case in which a statute
requires the affirmative vote of a majority or more of the members. The
certificate of incorporation shall state the method by which such
proportionate voting rights shall be determined and fixed.