Minnesota Legislature
Office of the Revisor of Statutes
2006 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