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Current as of January 01, 2024 | Updated by Findlaw Staff
A majority of the board shall constitute a quorum for the transaction of business, unless a greater number is required by the articles of incorporation or the bylaws. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board, unless the act of a greater number is required by the articles of incorporation or the bylaws. For the purpose of determining a quorum, alternate directors shall be considered in the event of the absence, disability, disqualification, or death of any director.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 70. Power Districts and Corporations § 70-721. Board of directors; quorum; how determined - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-70-power-districts-and-corporations/ne-rev-st-sect-70-721/
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