§705. Place and notice of directors' meetings
1. Purpose of meeting; business transacted not specified in notice. Meetings of the board of directors, regular or special, may be held either within or without this State, and upon such notice as the bylaws may prescribe. Attendance of a director at any meeting shall constitute a waiver of notice of such meeting, except when a director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the board of directors need be specified in the notice or waiver of notice of such meeting, unless the articles, the bylaws or this Act so requires.
[PL 1977, c. 525, §13 (NEW).]
2. Participation at meetings by conference telephone. Unless otherwise restricted by the certificate of incorporation or bylaws, members of the board of directors of any corporation, or any committee designated by such board, may participate in a meeting of such board or committee by means of a conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other and participation in a meeting pursuant to this subsection shall constitute presence in person at such meeting.
[PL 1977, c. 525, §13 (NEW).]
SECTION HISTORY
PL 1977, c. 525, §13 (NEW).
Structure Maine Revised Statutes
TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
Chapter 7: DIRECTORS AND OFFICERS
13-B §701-A. Board of directors of a nonprofit housing corporation
13-B §702. Number and election of directors
13-B §704. Removal of directors
13-B §704-A. Removal of directors by judicial proceeding
13-B §705. Place and notice of directors' meetings
13-B §706. Quorum and vote of directors
13-B §707. Unanimous action by directors without a meeting
13-B §708. Informal or irregular action by directors
13-B §711. Removal of officers
13-B §712. Loans to directors and officers prohibited
13-B §713. Transactions between a corporation and its directors and officers (REPEALED)
13-B §713-A. Public benefit corporation; board
13-B §714. Indemnification of officers, directors, employees and agents; insurance
13-B §716. Duties of directors and officers (REPEALED)
13-B §717. General standards for directors
13-B §718. Director or officer conflict of interest
13-B §719. Duties and authority of officers
13-B §720. General standards for officers
13-B §721. Misapplication of funds or assets of public benefit corporation