Quorum for meetings.

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Full Text of the Document

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.... if any, whose places may be vacant at the time; and      (b) "interested director" means any director whose presence cannot, by reason of section 300, count for the purpose of forming a quorum at a meeting of the Board, at the time of the discussion or vote on any matter. (2) The quorum for a meeting of the Board of directors of a company shall be one-third of its total ....