Quote:
Originally Posted by Slamdunkpro
I thought the quorum number was 9 hence the urgency.
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The bylaws set the minimum number of directors at 9, which I believe is why the special election is necessary. The bylaws set the quorum as being 2/3 of the board which the bylaws have established is 12 directors. That creates a quorum of 8. As I read it.
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You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. --Frank Zappa
Keeping Valspar in BBQ, one cook at a time.
Recipient of a Huggies box!
Shut up, and cook!!!!
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