70-721. Board of directors; quorum; how determined.
95 words·~1 min read·
/ne/chapter-70/70-721A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A majority of the board shall constitute a quorum for the transaction of business, unless a greater number is required by the articles of incorporation or the bylaws. 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, unless the act of a greater number is required by the articles of incorporation or the bylaws. For the purpose of determining a quorum, alternate directors shall be considered in the event of the absence, disability, disqualification, or death of any director.