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Chapter 322B
Section 322B.353
Recent History
- 2014 322B.353 Repealed 2014 c 157 art 1 s 91
- 1999 322B.353 Amended 1999 c 85 art 2 s 31
This is an historical version of this statute chapter. Also view the most recent published version.
322B.353 QUORUM.
The owners of a majority of the voting power of the membership interests entitled to vote at
a meeting are a quorum for the transaction of business, unless a larger or smaller proportion is
provided in the articles, a member control agreement, or bylaws. If a quorum is present when a
duly called or held meeting is convened, the members present may continue to transact business
until adjournment, even though the withdrawal of members originally present leaves less than the
proportion otherwise required for a quorum.
History: 1992 c 517 art 2 s 41; 1999 c 85 art 2 s 31,96
The owners of a majority of the voting power of the membership interests entitled to vote at
a meeting are a quorum for the transaction of business, unless a larger or smaller proportion is
provided in the articles, a member control agreement, or bylaws. If a quorum is present when a
duly called or held meeting is convened, the members present may continue to transact business
until adjournment, even though the withdrawal of members originally present leaves less than the
proportion otherwise required for a quorum.
History: 1992 c 517 art 2 s 41; 1999 c 85 art 2 s 31,96
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Revisor of Statutes