How to Meet Quorum of Board Meetings

The meeting cannot legally held if there’s not enough board members. This article provides a few suggestions for meeting the the quorum for your board meetings to make decisions with legitimacy.

Quorum guarantees that, even although perfect attendance isn’t common at board meetings, the decisions made accurately reflect the opinions and opinions of all those involved. It helps avoid the negative ramifications of minority rule, where the directors of a few can have disproportionate influence and can take unilateral decisions which don’t benefit the organization or its stakeholders.

Most companies establish their quorum requirements in their bylaws. The rules may differ however, they usually contain the number of directors on the board who must be present for a quorum to exist. Some bylaws also provide for exceptions to be made for certain types of meetings or under certain conditions.

Consider things like the size of your board or difficult task of getting all your members together simultaneously when deciding on a quorum percentage. When setting the quorum requirements, it is crucial to achieve a balance between being flexible and ensuring legitimacy, since not all board https://hurleycountrystore.biz/streamlining-business-needs-the-role-of-vdrs-in-data-management/ members are likely to be present at every meeting.

If the quorum doesn’t meet at the start of a board meeting the chair should wait a couple of minutes to check if there are more members present in order to get the minimum amount needed. If it becomes apparent that the quorum isn’t met the chair will announce that there isn’t any quorum present and that no business of any kind will be conducted during the meeting.

Written by Roberto Contreras