State Codes and Statutes
Statutes > Minnesota > 300-319B > 308B > 308B_435308B.435 ACT OF BOARD OF DIRECTORS.
The board shall take action by the affirmative vote of the greater of (1) a majority of directors present at a duly held meeting at the time the action is taken, or (2) a majority of the minimum proportion or number of directors that would constitute a quorum for the transaction of business at the meeting, except where this chapter, the articles, or bylaws require the affirmative vote of a larger proportion or number. If the articles or bylaws require a larger proportion or number than is required by this chapter for a particular action, the articles or bylaws control.
History:
2003 c 105 art 1 s 29
