But unlike shareholders, members do not have a pecuniary interest in a nonprofit corporation. The Board of Directors may change the registered office and registered agent as provided in the Act.Any combination of common or preferred stock of the association or holding company may be used. As a venture capitalist, let me give a real world example. The voting procedures of board directors determine how they make decisions. County appraisal district board of directors is responsible for canvassing the election for the elected appraisal board members. Introduction At some point in the life cycle of any nonprofit, the need will arise to add or remove a board member(s). A voting right is the right of a shareholder of a corporation to vote on matters of corporate policy. A voting right is the right of a shareholder of a corporation to vote on matters of corporate policy. Your source of information on everything you need in order to vote in Collin County.