Form with which the stockholders of a corporation record the contents of their first meeting.
Form with which the stockholders of a corporation record the contents of their first meeting.
No quorum means no business can be conducted (no motions can be passed!) Reading of minutes may be waived (thank goodness!!)
Robert's Rules (Section -16) state that “the minutes should contain mainly a record of what was done at the meeting, not what was said by the members.” Minutes are not transcripts of meetings; rather, the document contains a record of actions taken by the body, organized by the meeting's order of business (agenda).
If no quorum is present, the meeting can still be conducted however, the business will need to be held over until later when a quorum is present. Without a quorum, no business can be conducted.
If the quorum is not present within half an hour of the time set for the meeting to begin, then the following options will be applicable: The meeting will be adjourned, and it shall be held on the same day and at the same time next week, or any other date and time as the Board may determine.
Quorum requirements should be specified in the organization's bylaws. 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 no quorum is present, the meeting can still be conducted however, the business will need to be held over until later when a quorum is present. Without a quorum, no business can be conducted.
This document needs to be signed by: or another person who is authorized to take minutes and/or record official corporate action. There is no requirement that the signature be witnessed or notarized.