Quorum of Directors. A majority of the board of directors shall constitute a quorum for the transaction of business. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors.
Appears in 5 contracts
Samples: By Laws (All American Consultant Aircraft Inc), By Laws (Dp Charters Inc/Ca), By Laws (Marketcentral Net Corp)
Quorum of Directors. A majority of the board Board of directors Directors shall constitute a quorum for the transaction of business. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board Board of directorsDirectors.
Appears in 1 contract
Samples: Shareholder Agreement (Tsecrp Inc)
