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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 308C.431: QUORUM.

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Where this section sits in the code
  1. BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
  2. CHAPTER 308C. COOPERATIVE HOUSING ACT
  3. BOARD OF DIRECTORS

A majority, or a larger portion 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 of number otherwise required for a quorum.

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

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