Section 24.03.110. Quorum of directors.

Latest version.

A majority of the number of directors fixed by, or in the manner provided in the bylaws, or in the absence of a bylaw fixing or providing for the number of directors, then of the number fixed by or in the manner provided in the articles of incorporation, shall constitute a quorum for the transaction of business, unless otherwise provided in the articles of incorporation or the bylaws; but in no event shall a quorum consist of less than one-third of the number of directors so fixed or stated. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors, unless the act of a greater number is required by this chapter, the articles of incorporation or the bylaws.

[ 1986 c 240 § 18; 1967 c 235 § 23.]

NOTES:
Greater voting requirements: RCW 24.03.455.

1986 c 240 § 18; 1967 c 235 § 23.

                    
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