Actions by Trustees. Unless statute, the charter or By-laws requires a greater proportion, action of a majority of the Trustees present at a meeting at which a quorum is present is action of the Board of Trustees. The results of all voting shall be recorded by the Secretary in the minute book.
Appears in 4 contracts
Samples: Agreement and Declaration (Van Kampen American Capital World Portfolio Series Trust), Agreement and Declaration (American Capital Growth & Income Fund Inc), Agreement and Declaration of Trust (American Capital Life Investment Trust)
Actions by Trustees. Unless statute, the charter or By-laws Laws requires a greater proportion, action of a majority of the Trustees present at a meeting at which a quorum is present is action of the Board of Trustees. The results of all voting shall be recorded by the Secretary in the minute book.
Appears in 1 contract
Samples: Agreement and Declaration (American Capital Corporate Bond Fund Inc)
Actions by Trustees. Unless statutea greater proportion is required by the Declaration, the charter or these By-laws requires a greater proportionLaws or the 1940 Act or other applicable law, action of a majority of the Trustees present at a meeting at which a quorum is present is shall constitute action of the Board of Trustees. The results of all voting shall be recorded by the Secretary Secretary, or an acting secretary designated by the Trustees for the purposes of the meeting, in the minute book.
Appears in 1 contract
