RobertR1 (South Carolina)
Posts: 5,164
Posts: 5,164
Posted:
Section 6. Quorum. At all meetings, Regular or special, a quorum shall consist of the presence in person or by proxy, of members holding greater than fifty per cent (50%) of the Percentage Interests. If a quorum shall not be present at any meeting, a majority vote of that percentage present, in person or by proxy, may adjourn the meeting from time to time until a quorum can be obtained. At any such adjourned meeting, any business which might have been transacted at the meeting as originally called may be transacted without further notice.
This means what?
This means what?