A labor organization may by its constitution and bylaws provide for
the election of the candidate who receives the greatest number of votes,
although he does not have a majority of all the votes cast.
Alternatively, it may provide that where no candidate receives a
majority of all the votes cast, a run-off election be held between the
two candidates having the highest vote. Similarly, a labor organization
conducting an election to choose five members of an executive board may
designate as elected from among all the nominees the five candidates who
receive the highest vote.