Tennessee Statutes
§ 13-30-106 — Quorum for transaction of business - Officers - Rules and regulations - Removal of board members - Compensation - Meetings - Majority approval for actions of the board - No proxy voting
Tennessee § 13-30-106
JurisdictionTennessee
Title13
This text of Tennessee § 13-30-106 (Quorum for transaction of business - Officers - Rules and regulations - Removal of board members - Compensation - Meetings - Majority approval for actions of the board - No proxy voting) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 13-30-106 (2026).
Text
(a)A majority of the board of the corporation shall constitute a quorum for the transaction of any business. Unless a greater number or percentage is required by state law, the vote of a simple majority of the directors present at any meeting at which a quorum is present shall be the action of the corporation. To the extent permitted by applicable law, the corporation may permit any or all directors to participate in an annual, regular or special meeting by, or conduct the meeting through the use of, any means of communication by which all directors participating may simultaneously hear each other during the meeting. A director participating in a meeting by this means is deemed to be present in person at the meeting.
(b)The members of the board of directors shall select annually from amo
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Legislative History
Acts 2012, ch. 1096, § 1.
Nearby Sections
15
§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitionsCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 13-30-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/13-30-106.