The board shall take action by the affirmative vote of a majority of directors present at a duly held meeting at the time the action is taken, except where this chapter, the articles, or bylaws require the affirmative vote of a larger proportion or number. If the articles or bylaws require a larger proportion or number than is required by this chapter for a particular action, the articles or bylaws control.
Minn. Stat. § 308C.435
ACT OF BOARD OF DIRECTORS.
Known as the Minnesota Cooperative Housing Act
The act spans §§ 308–308 (90 sections).
2024 c 96 art 1 s 30
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.