2007 Minnesota Code
Chapters 300 - 319B Corporations
Chapter 302A Business Corporations
Section 302A.237 ACT OF THE BOARD.
302A.237 ACT OF THE BOARD.
The board shall take action by the affirmative vote of the greater of (1) a majority of directors
present at a duly held meeting at the time the action is taken, or (2) a majority of the minimum
proportion or number of directors that would constitute a quorum for the transaction of business
at the meeting, except where this chapter or the articles require the affirmative vote of a larger
proportion or number. If the articles require a larger proportion or number than is required by
this chapter for a particular action, the articles shall control.
History: 1981 c 270 s 40; 1993 c 17 s 19
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
