{"data":{"id":"us-nm/53-8-20","jurisdiction":"us-nm","citation":"53-8-20","heading":"Quorum of directors.","body":"A. A majority of the number of directors fixed by the bylaws, or in the absence of a bylaw fixing the number of directors, then of the number stated in the articles of incorporation, shall constitute a quorum for the transaction of business, unless otherwise provided in the articles of incorporation or the bylaws; but in no event shall a quorum consist of less than one-third of the number of directors so fixed or stated. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors, unless the act of a greater number is required by the Nonprofit Corporation Act, the articles of incorporation or the bylaws.\nB. A quorum, once attained at a meeting, shall be deemed to continue until adjournment, notwithstanding the voluntary withdrawal of enough directors to leave less than a quorum.","path":["Chapter 53 - Corporations","ARTICLE 8 Nonprofit Corporations"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do","current_through":"2025-06-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"ac87f269be84f9be9388141436a28417ef83e1fd4182fa044c69460140bc0f2a","source_id":"us-nm","stale":false,"prev":"us-nm/53-8-19","next":"us-nm/53-8-21"},"notice":"GroundRules: Original legal text. Not legal advice."}