§ 17-10-229 — Quorum

Wyoming § 17-10-229

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 10: COOPERATIVE MARKETING ASSOCIATIONS
• Art. 2: PROCESSING COOPERATIVE

Text

(a) The quorum for a members' meeting to transact business
shall be:
(i) Ten percent (10%) of the total number of members
for a cooperative with five hundred (500) or less members; or
(ii) Fifty (50) members for cooperatives with more
than five hundred (500) members.
(b) In determining a quorum at a meeting, on a question
submitted to a vote by mail or an alternative method, members
present in person or represented by mail vote or the alternative
voting method shall be counted. The attendance of a sufficient
number of members to constitute a quorum shall be established by
a registration of the members of the cooperative present at the
meeting. The registration shall be verified by the chair or the
records officer of the cooperative and shall be reported in the
minutes of the meeting.
(c) An action by a cooperative is not valid or legal in
the absence of a quorum at the meeting at which the action was
taken.