What is a Quorum?
A quorum refers to the minimum acceptable number of directors
needed to make the proceedings of a meeting valid under the bylaws. This clause ensures that there is a sufficient representation at meetings before any changes can be made by a board.
Quorum Industry Best Practice
can establish a quorum as existing as a simple majority of the members present, as a ratio of members present, or as a fixed number. It is imperative that the number decided is not too small so it does not accurately represent the voting body or it is not so large it becomes difficult to hold a meeting.
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