Minn. Stat. § 302A.233

Current through Register Vol. 49, No. 8, August 19, 2024
Section 302A.233 - ABSENT DIRECTORS

If the articles or bylaws so provide, a director may give advance written consent or opposition to a proposal to be acted on at a board meeting. If the director is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as the vote of a director present at the meeting in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the director has consented or objected.

Minn. Stat. § 302A.233

1981 c 270 s 38; 1993 c 17 s 18