This Consent Minutes form is used to describe certain joint organizational actions taken by the Incorporators, Shareholders and the Board of Directors of an Florida Corporation, in lieu of an organizational meeting.
Florida Minutes Meeting Without Quorum
Category:
State:
Florida
Control #:
FL-INC-OM
Format:
Word;
Rich Text
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How to fill out Florida Minutes For Organizational Meeting?
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FAQ
A quorum is a minimum level of interest or attendance required before an official meeting or action can take place. Companies often stipulate the quorum required among shareholders to make decisions, spelled out in the corporate charter.
Organizations often require two-thirds of the members to be present to establish a quorum. The organization's bylaws state a percentage needed to reach a quorum or the number of voting members. The percentage can be anything the voting members decide on as long as it is a majority of the members.
Without a quorum, any votes taken and any decisions made in a meeting are invalid and must be brought up and voted on again with the appropriate number of board members present. If there is no quorum, the board chair should set a new date for the meeting and then thank and release those members who are present.
When a quorum is not met, the assembly can only take limited procedural actions. These limited actions are to fix the time to which to adjourn, adjourn, recess, or take measures to obtain a quorum, such as a motion that absent members be contacted during a recess.
If a quorum is not present, the chair could order an immediate quorum call. If the request is for a recorded vote on an amendment, however, the chair will likely instead postpone the vote. If the vote is postponed, the point of order of no quorum is considered withdrawn.