Oklahoma Statutes
§ 18-441-815 — Quorum.
Oklahoma·Title 18 Corporations
QUORUM.
(a)Unless the articles of organization provide for a greater number, a majority of the total number of directors specified by the organic rules constitutes a quorum for a meeting of the directors.
(b)If a quorum of the board of directors is present at the beginning of a meeting, any action taken by the directors present is valid even if withdrawal of directors originally present results in the number of directors being fewer than the number required for a quorum.
(c)A director present at a meeting but objecting to notice under paragraph (1) or (2) of subsection (b) of Section 79 of this act does not count toward a quorum.
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Legislative History
Added by Laws 2009, c. 68, § 80, eff. Jan. 1, 2010.
Nearby Sections
15
§ 18-1001
Short title.§ 18-1002
Scope of Act.§ 18-1004.1
Application of act to nonstock corporations.§ 18-1006
See the following versions:§ 18-1006v1
Certificate of incorporation - contents.§ 18-1006v2
Certificate of incorporation - contents.§ 18-1010
Commencement of Corporate Existence.§ 18-1011
Powers of Incorporators.