Texas Utilities Code 161.074 – Quorum of Directors
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(a) A majority of the directors is a quorum unless the articles of incorporation or the bylaws provide that a greater number of the directors is a quorum.
(b) A majority of the directors present at a meeting at which a quorum is present may exercise the board’s authority unless the articles of incorporation or the bylaws require a greater number of directors to exercise the board’s authority.
Terms Used In Texas Utilities Code 161.074
- Quorum: The number of legislators that must be present to do business.