New Jersey Statutes
§ 15A:6-7 — Quorum of board of trustees and committees; vote required; action of trustees without a meeting
New Jersey·Title 15A CORPORATIONS, NONPROFIT
a.A majority of the entire board, or of any committee thereof, shall constitute a quorum for the transaction of business, unless the certificate of incorporation or the bylaws shall provide that a greater or lesser number constitutes a quorum, which in no case shall be less than the greater of two persons or one-third of the entire board or committee, except that when a committee of the board consists of one trustee, then one trustee shall constitute a quorum.
b.The act of the majority present at a meeting at which a quorum is present shall be the act of the board or the committee, unless the act of a greater number is required by this act, the certificate of incorporation or the bylaws. Any action required to be authorized by a vote of the trustees greater than a majority shall be resci
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Nearby Sections
15
§ 15A:6-1
Board of trustees§ 15A:6-10
Place and notice of trustees' meetings§ 15A:6-11
Loans to officers or employees§ 15A:6-12
Liability of trustees in certain cases§ 15A:6-15
Officers§ 15A:6-17
Bonds; facsimile signatures and seals§ 15A:6-2
Number of trustees§ 15A:6-3
Term of trustees§ 15A:6-6
Removal of trustees