Quorum; majority rule

Checkout our iOS App for a better way to browser and research.

    At any meeting of the members of a savings and loan association:

        (1)    Except as provided in the charter or bylaws, any number of members present in person or by proxy is a quorum; and

        (2)    Unless otherwise specifically provided by law, the charter, or the bylaws, a majority of all votes cast at which a quorum is present determines any question.


Download our app to see the most-to-date content.