Topic: quorum

• Member voting rules in Chapter 308B reference

  A lookup table of who votes, how many votes they have, quorum, the vote needed to act, proxies, notice and written action for members of a 308B cooperative, each tied to the statute section.

• § 308B.431 Quorum statute

  A majority of the directors currently in office is a board quorum unless the articles or bylaws set a larger or smaller number; absent a quorum a majority of those present may adjourn, and a quorum once present survives walkouts.

• § 308B.435 Act Of Board Of Directors statute

  The board acts by the greater of a majority of directors present or a majority of the minimum quorum, unless the chapter, articles or bylaws require a larger vote, in which case the larger requirement controls.

• § 308B.525 Quorum statute

  Statutory member-quorum minima are 10 percent for cooperatives with 500 or fewer members and 50 members for larger ones; member-adopted articles or bylaws may require more. Authorized mail or alternative votes count on the submitted question.