47-1A-862.2. Quorum of qualified directors.
63 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-862-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A majority, but no fewer than one, of all the qualified directors on the board of directors, or on the committee, constitutes a quorum for purposes of action that complies with §§ 47-1A-862 and 47-1A-862.1 . Directors' action that otherwise complies with §§ 47-1A-862 and 47-1A-862.1 is not affected by the presence or vote of a director who is not a qualified director.