Quorum; voting; qualifications of directors; penalties

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§2060. Quorum; voting; qualifications of directors; penalties

The bylaws may provide:  

1.  Quorum.  The number of members constituting a quorum;  

2.  Voting.  The right of members to vote by proxy or by mail or both, and the conditions, manner, form and effects of such votes; the right of members to cumulate their votes and the prohibition, if desired, of cumulative voting;  

3.  Quorum for directors.  The number of directors constituting a quorum;  

4.  Duties, term, etc. of directors.  The qualifications, compensation and duties and term of office of directors and officers and the time of their election;  

5.  Penalties.  Penalties for violations of the bylaws.  


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