A majority of the number of directors fixed by the bylaws, or in the absence of a bylaw fixing the number of directors then of the number stated in the articles of incorporation, shall constitute a quorum for the transaction of business unless a greater number is required by the articles of incorporation or the bylaws.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 26 - Business Corporations Generally
Subchapter 8 - Directors and Officers
§ 4-26-801. Board of directors generally
§ 4-26-802. Number, election, and term of directors
§ 4-26-804. Removal of directors
§ 4-26-805. Directors' meetings
§ 4-26-806. Quorum of directors
§ 4-26-807. Action of board with or without meeting
§ 4-26-808. Executive committee
§ 4-26-810. Emergency bylaws — Operations during emergency
§ 4-26-811. Liability of directors
§ 4-26-813. Removal of officers
§ 4-26-814. Indemnification of officers, directors, employees, and agents