2014 Nevada Revised Statutes
Chapter 673 - Savings and Loan Associations
NRS 673.215 - Directors: Meetings; quorum.

NV Rev Stat § 673.215 (2014) What's This?

1. The board of directors of each association shall hold a regular meeting at least once each quarter, at a time to be designated by it in accordance with its bylaws.

2. Special meetings of the board of directors may be held upon notice to each director sufficient to permit his or her attendance. The president or any three members of the board of directors may call a meeting of the board of directors by giving notice to all of the directors.

3. At any meeting of the board of directors, a majority of the members constitutes a quorum for the transaction of business.

(Added to NRS by 1967, 1021; A 1983, 354)

Disclaimer: These codes may not be the most recent version. Nevada 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.