(a) A majority of the number of directors fixed by the articles or bylaws of a corporation constitutes a quorum for the transaction of business unless a greater number is required by the articles or bylaws. The act of a majority of the directors present at a meeting at which a quorum is present is the act of the board, unless the act of a greater number is required by the articles or the bylaws.
(b) The provisions of this section apply with equal force to committees of the board established under AS 10.06.468 and action by committees.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Article 6. Directors, Officers, Employees, and Agents.
Sec. 10.06.450. Board of directors; duty of care; right of inspection; dissent.
Sec. 10.06.453. Number, election, and tenure of directors; initial directors.
Sec. 10.06.455. Classification of directors.
Sec. 10.06.458. Declaration of board vacancy where director of unsound mind.
Sec. 10.06.460. Removal of director without cause.
Sec. 10.06.463. Removal of director by superior court.
Sec. 10.06.465. Vacancies and resignation; special meeting of shareholders.
Sec. 10.06.468. Executive and other board committees.
Sec. 10.06.470. Meetings: call, place, notice, and waiver.
Sec. 10.06.473. Quorum of directors.
Sec. 10.06.475. Alternative meeting arrangements; informal action by directors.
Sec. 10.06.478. Director conflicts of interest.
Sec. 10.06.480. Liability of directors and contributions from shareholders and other directors.
Sec. 10.06.483. Officers; tenure, resignation, authority, and duties.
Sec. 10.06.485. Loans to directors, officers, and employees.
Sec. 10.06.490. Indemnification of officers, directors, employees, and agents; insurance.