The board shall take action by the affirmative vote of a majority of directors with voting rights present and entitled to vote at a duly held meeting, unless this chapter or the articles or bylaws require the affirmative vote of a larger proportion or number. Proxy voting is not permitted.
Minn. Stat. § 317A.237
ACT OF THE BOARD.
Known as the Minnesota Nonprofit Corporation Act
The act spans §§ 317–317 (134 sections).
1989 c 304 s 41; 1990 c 488 s 19; 2010 c 250 art 1 s 24
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.