A majority of the directors shall constitute a quorum, and concurrence of the majority in any matter within the duties of the board shall be sufficient for its determination. All actions taken by the directors shall be by resolution, and in each instance the name and vote of each director shall be recorded in the minutes.
Effective: October 1, 1942
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Terms Used In Kentucky Statutes 220.160

  • Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
  • Quorum: The number of legislators that must be present to do business.

History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2062g-17.

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