2005 Minnesota Statutes

     302A.443 Quorum. 

    The holders of a majority of the voting power of the shares 
 entitled to vote at a meeting are a quorum for the transaction 
 of business, unless a larger or smaller proportion or number is 
 provided in the articles or bylaws.  If a quorum is present when 
 a duly called or held meeting is convened, the shareholders 
 present may continue to transact business until adjournment, 
 even though the withdrawal of a number of shareholders 
 originally present leaves less than the proportion or number 
 otherwise required for a quorum. 

    HIST: 1981 c 270 s 70; 1982 c 497 s 42