§ 7-6-25 — § 7-6-25. Quorum of directors.
§ 7-6-25. Quorum of directors.
(a) A majority of the number of directors fixed by the bylaws, or in the absence of a bylaw fixing the number of directors, then of the number stated in the articles of incorporation, constitutes a quorum for the transaction of business, unless otherwise provided in the articles of incorporation or the bylaws; but in no event does a quorum consist of less than one-quarter (¼) of the number of the directors fixed or stated.
(b) The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors, unless the act o
Free access — add to your briefcase to read the full text and ask questions with AI
Rhode Island § 7-6-25 (§ 7-6-25. Quorum of directors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.