Fla. Stat. § 420.505

Current through the 2024 Legislative Session
Section 420.505 - Meetings; quorum; voting

The powers of the corporation shall be vested in the members of its board of directors in office from time to time. Five members of the board shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes. Action may be taken by the board upon an affirmative vote of a majority of the members present, provided that no action shall be taken by an affirmative vote of less than four members.

Fla. Stat. § 420.505

s. 1, ch. 80-161; s.8, ch. 97-167.