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California Corporations Code

§ 7234

CORP § 7234Div. 2 · Title 1 · Part 3 · Ch. 2 · Art. 3
Interested or common directors may be counted in determining the presence of a quorum at a meeting of the board or a committee thereof which authorizes, approves or ratifies a contract or transaction as provided in Section 7233.

Legislative history

Added by Stats. 1978, Ch. 567.

Source: California Corporations Code § 7234 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.