§ 4002.2. Quorum.
46 words·~1 min read·
/us/cfr/t29/s§ 4002.2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 4002(d)(2) of ERISA establishes that a majority of the Board Members will constitute a quorum for the transaction of business. Any act of a majority of the Members present at any meeting at which there is a quorum will be the act of the Board.