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§ 4309. Quorums

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 68 Pa.C.S.A. Real and Personal PropertyEffective: May 2, 2023

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 68 Pa.C.S.A. Real and Personal Property (Refs & Annos)
Part II. Real Property
Subpart C. Cooperatives (Refs & Annos)
Chapter 43. Management of Cooperatives
Effective: May 2, 2023
68 Pa.C.S.A. § 4309
§ 4309. Quorums
(a) Association.--
(1) Unless the bylaws provide otherwise, a quorum is deemed present throughout any meeting of the association if persons entitled to cast 20% of the votes which may be cast for election of the executive board are present in person or by proxy at the beginning of the meeting. The bylaws may require a larger percentage or a smaller percentage not less than 10%.
(2) If the association fails to meet a quorum at two subsequent meetings under this subsection, the association may utilize the provisions under 15 Pa.C.S. § 5756(b) (relating to quorum) to meet quorum requirements, except as otherwise provided in the declaration or bylaws of the association.
(b) Executive board.--Unless the bylaws provide otherwise, a quorum is deemed present throughout any meeting of the executive board if persons entitled to cast 50% of the votes on that board are present at the beginning of the meeting.

Credits

1992, Dec. 18, P.L. 1426, No. 176, § 1, effective in 60 days. Amended 2022, Nov. 3, P.L. 1750, No. 115, § 7, effective in 180 days [May 2, 2023].
68 Pa.C.S.A. § 4309, PA ST 68 Pa.C.S.A. § 4309
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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