§821. Meetings 1. Location. The corporation’s board of directors may hold regular or special meetings in or out of this State. [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).] 2. Participation of directors. Unless the corporation’s articles of incorporation or bylaws provide otherwise, the corporation’s board […]
§822. Action without meeting 1. Action without meeting. Except to the extent that the corporation’s articles of incorporation or bylaws require that action by the corporation’s board of directors be taken at a meeting, action required or permitted by this Act to be taken by a corporation’s board of directors may be taken without a […]
§823. Notice of meeting 1. Regular meetings. Unless the corporation’s articles of incorporation or bylaws provide otherwise, regular meetings of the corporation’s board of directors may be held without notice of the date, time, place or purpose of the meeting. [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, […]
§824. Waiver of notice 1. Waive notice of meeting. A director may waive any notice required by this Act, the corporation’s articles of incorporation or bylaws before or after the date and time stated in the notice. Except as provided by subsection 2, the waiver must be in writing, signed by the director entitled to […]
§825. Quorum and voting 1. Quorum. Unless the corporation’s articles of incorporation or bylaws require a greater number or unless otherwise specifically provided in this Act, a quorum of a corporation’s board of directors consists of: A. A majority of the fixed number of directors if the corporation has a fixed board size; or […]
§826. Committees 1. Create committees. Unless this Act, the articles of incorporation or the bylaws provide otherwise, a corporation’s board of directors may create one or more committees and appoint one or more members of the corporation’s board of directors to serve on each of those committees. [PL 2003, c. 631, §17 (AMD).] 2. […]
§827. Submission of matters for shareholder vote A corporation may agree to submit a matter to a vote of its shareholders even if, after approving the matter, the board of directors determines it no longer recommends the matter. [PL 2011, c. 274, §32 (NEW).] SECTION HISTORY PL 2011, c. 274, §32 (NEW).
