§ 7-1.2-806. Quorum of directors.
A majority of the number of directors fixed by or in the manner provided in the articles of incorporation or the bylaws, or by the shareholders or in the absence of a bylaw or shareholder action fixing the number of directors, then of the number stated in the articles of incorporation, constitutes a quorum for the transaction of business unless a greater number is required by the articles of incorporation or the bylaws. The act of the majority of the directors present at a meeting at which a quorum is present is the act of the board of directors, unless the act of a greater number is required by the articles of incorporation or the bylaws.
History of Section.P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-1.2 - Rhode Island Business Corporation Act
Part 8 - Directors and Officers
Section 7-1.2-801. - Board of directors.
Section 7-1.2-802. - Number and election of directors.
Section 7-1.2-803. - Classification of directors.
Section 7-1.2-804. - Vacancies.
Section 7-1.2-805. - Removal of directors.
Section 7-1.2-806. - Quorum of directors.
Section 7-1.2-807. - Director and officer conflicts of interest.
Section 7-1.2-808. - Executive and other committees.
Section 7-1.2-809. - Place, notice, and form of notice of directors’ and committee meetings.
Section 7-1.2-810. - Action by directors without a meeting.
Section 7-1.2-811. - Liability of directors in certain cases.
Section 7-1.2-812. - Officers.