- (a) Except as otherwise provided in subsection (b) of this section, the articles of incorporation, or the bylaws, a quorum of the board of directors shall consist of a majority of the directors in office before a meeting begins.
- (b) The articles of incorporation or bylaws may authorize a quorum of the board of directors to consist of no fewer than the greater of 1/3 of the number of directors in office or 2 directors.
- (c) If a quorum is present when a vote is taken, the affirmative vote of a majority of directors present shall be the act of the board of directors unless a greater vote is required by the articles of incorporation or bylaws.
(d) A director who is present at a meeting of the board of directors when corporate action is taken shall be considered to have assented to the action taken unless one of the following applies:
- (1) The director objects at the beginning of the meeting, or promptly upon arrival, to holding it or transacting at the meeting; or
(2) The director dissents or abstains from the action and:
- (A) The dissent or abstention is entered in the minutes of the meeting; or
- (B) The director delivers notice in the form of a record of the director’s dissent or abstention to the presiding officer of the meeting before its adjournment or to the corporation promptly after adjournment of the meeting.
- (e) The right of dissent or abstention shall not be available to a director who votes in favor of the action taken.
History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
Section References
This section is referenced in § 29-401.50, § 29-406.25, and § 29-406.53.