Sec. 33-748. Meetings.

      Sec. 33-748. Meetings. (a) The board of directors may hold regular or special meetings in or out of this state.

      (b) Unless the certificate of incorporation or a bylaw provides otherwise, the board of directors may permit any or all directors to participate in a regular or special meeting by, or conduct the meeting through the use of, any means of communication by which all directors participating may simultaneously hear each other during the meeting. A director participating in a meeting by this means is deemed to be present in person at the meeting.

      (P.A. 94-186, S. 94, 215; P.A. 96-271, S. 69, 254.)

      History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 amended Subsec. (b) to replace "articles" of incorporation with "certificate" of incorporation and "bylaws" with "a bylaw", effective January 1, 1997.

      Annotations to former section 33-46:

      Power of majority where others cannot be reached. 55 C. 455; 80 C. 41. In absence of record, no presumption as to regularity of meeting. 75 C. 555.

      Subsec. (b): Transaction where stock transferred by vote of directors, and where attorney of defendant casts deciding vote, held voidable. 151 C. 437. Attorney's vote cannot be considered other than that of his client. Id.

      Annotation to former section 33-316:

      Subsec. (a):

      Cited. 35 CA 812.