New Mexico Statutes

§ 53-8-16 — Quorum

New Mexico·Ch. 53 Corporations·Art. 8 Nonprofit Corporations
The bylaws may provide the number or percentage of members entitled to vote represented in person, by proxy or via simultaneous, remote electronic means or the number or percentage of votes represented in person, by proxy or via simultaneous, remote electronic means that shall constitute a quorum at a meeting of members. In the absence of any such provision, members holding one-tenth of the votes entitled to be cast on the matter to be voted upon represented in person, by proxy or via simultaneous, remote electronic means shall constitute a quorum. A majority of the votes entitled to be cast on a matter to be voted upon by the members present, represented by proxy or via simultaneous, remote electronic means at a meeting at which a quorum is present shall be necessary for the adoption ther

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Legislative History

1953 Comp., § 51-14-58, enacted by Laws 1975, ch. 217, § 16; 1978 Comp., §

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