501A.708 - ACTION OF BOARD OF DIRECTORS.

        501A.708  ACTION OF BOARD OF DIRECTORS.         1.  Except as provided in subsection 2, the board shall only take      action at a duly held meeting by the affirmative vote of any of the      following:         a.  A majority of directors present at the meeting.         b.  A majority of the directors' voting power present at the      meeting.         2.  The articles or bylaws may require the affirmative vote of a      larger vote than provided in subsection 1.  If the articles or bylaws      require a larger vote than is required by this chapter for a      particular action, the articles or bylaws control.  
         Section History: Recent Form
         2005 Acts, ch 135, §42