Director Meetings
How much notice is needed to call a special meeting of the directors?
What percent of directors will constitute a quorum?
Frequently Asked Questions
What is a special meeting for?A special meeting is used to resolve a specific issue that cannot wait until the next regularly scheduled meeting. If notice is to be delivered by mail or by private carrier then allow time for delivery.What is a quorum?A quorum is the minimum number of participants required in order to hold a meeting and transact business.What is remote communication?Remote communication means participating in a meeting by means of phone or video conferencing. If permitted, directors connecting remotely are counted as attending the meeting. This option is typically allowed for directors.