2022 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
308B.435 ACT OF BOARD OF DIRECTORS.
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, the articles, or bylaws require the affirmative vote of a larger proportion or number. If the articles or bylaws require a larger proportion or number than is required by this chapter for a particular action, the articles or bylaws control.
History:
Official Publication of the State of Minnesota
Revisor of Statutes