2025 Session
Last amended: 2010 session
§ 317A.237 — Act of the Board
Plain-Language Summary
Says that board action requires a majority vote of directors present at a meeting with a quorum.
317A.237 ACT OF THE BOARD.
The board shall take action by the affirmative vote of a majority of directors with voting rights present and entitled to vote at a duly held meeting, unless this chapter or the articles or bylaws require the affirmative vote of a larger proportion or number. Proxy voting is not permitted.
History:
1989 c 304 s 41; 1990 c 488 s 19; 2010 c 250 art 1 s 24
History: History: 1989 c 304 s 41; 1990 c 488 s 19; 2010 c 250 art 1 s 24
Practical Notes
Most board decisions pass with a majority vote of directors at a meeting with a quorum.