1997 Minnesota Statutes

     322B.653 Act of the board of governors. 

    The board of governors shall take action by the affirmative 
 vote of the greater of (1) a majority of governors present at a 
 duly held meeting at the time the action is taken, or (2) a 
 majority of the minimum proportion of number of governors that 
 would constitute a quorum for the transaction of business at the 
 meeting, except where this chapter or the articles require the 
 affirmative vote of a larger proportion or number.  If the 
 articles require a larger proportion or number than is required 
 by this chapter for a particular action, the articles control.  

    HIST: 1992 c 517 art 2 s 79; 1996 c 361 s 38