673.215 - Directors: Meetings; quorum. - Nevada Statutes

673.215  Directors: Meetings; quorum.

      1.  The board of directors of each association shall hold a regular meeting at least once each quarter, at a time to be designated by it in accordance with its bylaws.

      2.  Special meetings of the board of directors may be held upon notice to each director sufficient to permit his or her attendance. The president or any three members of the board of directors may call a meeting of the board of directors by giving notice to all of the directors.

      3.  At any meeting of the board of directors, a majority of the members constitutes a quorum for the transaction of business.

      (Added to NRS by 1967, 1021; A 1983, 354)