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2012 Utah Code
Title 16 - Corporations
Article 16 - Uniform Limited Cooperative Association Act
Section 815 - Quorum.
Universal Citation:
UT Code ยง 16-16-815 (2012)
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16-16-815. Quorum.
(1) Unless the articles of organization provide for a greater number, a majority of the total number of directors specified by the organic rules constitutes a quorum for a meeting of the directors.
(2) If a quorum of the board of directors is present at the beginning of a meeting, any action taken by the directors present is valid even if withdrawal of directors originally present results in the number of directors being fewer than the number required for a quorum.
(3) A director present at a meeting but objecting to notice under Subsection 16-16-814(2)(a) or (b) does not count toward a quorum.
Enacted by Chapter 363, 2008 General Session
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