(1) |
Unless the articles of organization provide for a greater number, a majority of the total number of directors specified by the organic rules constitutes a quorum for a meeting of the directors. |
Terms Used In Utah Code 16-16-815
- Quorum: The number of legislators that must be present to do business.
(2) |
If a quorum of the board of directors is present at the beginning of a meeting, any action taken by the directors present is valid even if withdrawal of directors originally present results in the number of directors being fewer than the number required for a quorum. |
(3) |
A director present at a meeting but objecting to notice under Subsection 16-16-814(2)(a) or (b) does not count toward a quorum. |
Enacted by Chapter 363, 2008 General Session