5727 - Quorum of and action by directors.
§ 5727. Quorum of and action by directors. (a) General rule.--Unless otherwise provided in the bylaws, a majority of the directors in office shall be necessary to constitute a quorum for the transaction of business and the acts of a majority of the directors present at a meeting at which a quorum is present shall be the acts of the board of directors. (b) Action by written consent.--Unless otherwise restricted in the bylaws, any action which may be taken at a meeting of the directors may be taken without a meeting, if a consent or consents in writing setting forth the action so taken shall be signed by all of the directors in office and shall be filed with the secretary of the corporation.