Quorum with 4 Board of Directors

[Guest Michael]

I have called a special board meeting in accourdance with our Corporate Bylsws as the President. Our bylaws state for a quorum: A majority of the members of the Board of Directors shall constitue a quorum for the transaction of business.

We have two of the Directors who are stalling and saying they can't attend so we can't accompolish year end items.

Based upon the bylaws is it possible to have a quorum with 2 of us or 50%?

[Dan Honemann]

I have called a special board meeting in accourdance with our Corporate Bylsws as the President. Our bylaws state for a quorum: A majority of the members of the Board of Directors shall constitue a quorum for the transaction of business.

We have two of the Directors who are stalling and saying they can't attend so we can't accompolish year end items.

Based upon the bylaws is it possible to have a quorum with 2 of us or 50%?

A majority is more than half.

[hmtcastle]

Our bylaws state for a quorum: A majority of the members of the Board of Directors shall constitue a quorum for the transaction of business.

It may be of little consolation but, for future reference, one of the (few) advantages of having an odd number of board members is that you'd have a slightly better chance of achieving a quorum. That is, with either a four- or five-member board you'll need at least three members for a quorum but three out of five might be easier to obtain than three out of four.