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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 302A.443: QUORUM.

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Where this section sits in the code
  1. BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
  2. CHAPTER 302A. BUSINESS CORPORATIONS
  3. SHARES; SHAREHOLDERS

The holders of a majority of the voting power of the shares entitled to vote at a meeting are a quorum for the transaction of business, unless a larger or smaller proportion or number is provided in the articles or bylaws. If a quorum is present when a duly called or held meeting is convened, the shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Collected 2026-09-02T22:10:41Z. Source file · JSON

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