2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
302A.443 QUORUM.
The holders of a majority of the voting power of the shares entitled to vote at a meeting are
a quorum for the transaction of business, unless a larger or smaller proportion or number is
provided in the articles or bylaws. If a quorum is present when a duly called or held meeting
is convened, the shareholders present may continue to transact business until adjournment,
even though the withdrawal of a number of shareholders originally present leaves less than the
proportion or number otherwise required for a quorum.
History: 1981 c 270 s 70; 1982 c 497 s 42
The holders of a majority of the voting power of the shares entitled to vote at a meeting are
a quorum for the transaction of business, unless a larger or smaller proportion or number is
provided in the articles or bylaws. If a quorum is present when a duly called or held meeting
is convened, the shareholders present may continue to transact business until adjournment,
even though the withdrawal of a number of shareholders originally present leaves less than the
proportion or number otherwise required for a quorum.
History: 1981 c 270 s 70; 1982 c 497 s 42
Official Publication of the State of Minnesota
Revisor of Statutes