There is a newer version of the Ohio Revised Code
2013 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1151 - SAVINGS AND LOAN ASSOCIATIONS - GENERALLY.
Section 1151.13 - Quorum of board of directors.
Ohio Rev Code § 1151.13 (2013) What's This?
A majority of all authorized directors of a building and loan association is necessary to constitute a quorum for the transaction of business by its board of directors. Except as otherwise provided by law or in the constitution or bylaws of the association, the acts of a majority of the directors who are present, at a meeting at which a quorum is present, are the acts of the board.
Effective Date: 08-09-1963
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