Cal. Corp. Code § 7234

Current through the 2023 Legislative Session.

Section 7234 - Counting of interested or common directors in determining quorum

Interested or common directors may be counted in determining the presence of a quorum at a meeting of the board or a committee thereof which authorizes, approves or ratifies a contract or transaction as provided in Section 7233.

Ca. Corp. Code § 7234

Added by Stats. 1978, Ch. 567.