 | United States Congress. House. Banking and Currency Committee - 1930 - 1104 páginas
...one-third of the total number of directors shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the board of directors, except as may be... | |
 | United States. Congress. House. Committee on Banking and Currency - 1930 - 1056 páginas
...but not in any case less than two directors shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum, shall be the act of the board of directors, except as may be... | |
 | 1935 - 848 páginas
...meetings of the board a majority of the directors shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the board of directors, except as may be... | |
 | 1902 - 812 páginas
...of directors of a corporation at a meeting duly assembled shall be necessary to constitute a quorum for the transaction of business, and the act of a...present shall be the act of the board of directors. Subject to the bylaws, if any, adopted by the members of a corporation, the directors may make necessary... | |
 | United States. Congress. Senate. Committee on Interstate Commerce - 1937 - 1458 páginas
...meetings of the board a majority of the directors shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the board of directors, except as may be... | |
 | United States. Congress. Senate. Committee on Interstate Commerce - 1937 - 1758 páginas
...the transaction of business at any meeting, and the act of a majority of the directors present at any meeting at which a quorum is present shall be* the act of the Board of Directors. In the absence of a quorum, a majority of the directors present may adjourn any meeting from time to... | |
 | United States. Congress. Senate. Committee on Agriculture and Forestry - 1944 - 1362 páginas
...adjourn the meeting from time to time without further notice. SEC. 5. Manner of acting.— The act of the majority of the directors present at a meeting at...present shall be the act of the board of directors. ARTICLE VI. EXECUTIVE COMMITTEE SECTION 1. Number and chairman. — There shall be elected by and from... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1946 - 96 páginas
...Board shall constitute a quorum for the transaction of business, and the act of a majority of members present at a meeting at which a quorum is present shall be the act of the Board : Provided, That no decision involving the investment of any sum in the amount of $5,000 or over shall... | |
 | United States. Federal Communications Commission - 1998 - 722 páginas
...provided, and except as otherwise provided by the Delaware General Corporation Law, the vote of the majority of the directors present at a meeting at...a quorum is present shall be the act of the Board. The quorum and voting provisions herein stated shall not be construed as conflicting with any provisions... | |
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The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors, unless the act of a greater number is required by law or by these by-laws. 
