N.D. Cent. Code § 10-19.1-45
This is the official text of N.D. Cent. Code § 10-19.1-45, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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10-19.1-45. Quorum of directors
Official statutory text
10-19.1-45. Quorum of directors
A majority, or a larger or smaller proportion or number provided in the articles or bylaws, of
the directors currently holding office is a quorum for the transaction of business. In the absence
of a quorum, a majority of the directors present may adjourn a meeting from time to time until a
quorum is present. If a quorum is present when a duly called or held meeting is convened, the
directors present may continue to transact business until adjournment, even though the
withdrawal of a number of directors originally present leaves less than the proportion or number
otherwise required for a quorum.
A majority, or a larger or smaller proportion or number provided in the articles or bylaws, of
the directors currently holding office is a quorum for the transaction of business. In the absence
of a quorum, a majority of the directors present may adjourn a meeting from time to time until a
quorum is present. If a quorum is present when a duly called or held meeting is convened, the
directors present may continue to transact business until adjournment, even though the
withdrawal of a number of directors originally present leaves less than the proportion or number
otherwise required for a quorum.
Status: in_force · Read it on the official government site
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