§ 7-1.2-806 - Quorum of directors.
SECTION 7-1.2-806
§ 7-1.2-806 Quorum of directors. –A majority of the number of directors fixed by or in the manner provided in thearticles of incorporation or the bylaws, or by the shareholders or in theabsence of a bylaw or shareholder action fixing the number of directors, thenof the number stated in the articles of incorporation, constitutes a quorum forthe transaction of business unless a greater number is required by the articlesof incorporation or the bylaws. The act of the majority of the directorspresent at a meeting at which a quorum is present is the act of the board ofdirectors, unless the act of a greater number is required by the articles ofincorporation or the bylaws.