48-58-203 - Notice of meetings. - Tennessee Statutes

48-58-203. Notice of meetings.

(a)  Unless the charter, bylaws or subsection (c) provide otherwise, regular meetings of the board may be held without notice.

(b)  Unless the charter, bylaws or subsection (c) provide otherwise, special meetings of the board must be preceded by at least two (2) days' notice to each director of the date, time, and place, but not the purpose, of the meeting.

(c)  In corporations without members, any board action to remove a director or to approve a matter, which would require approval by the members if the corporation had members, shall not be valid unless each director is given at least seven (7) days' written notice that the matter will be voted upon at a directors' meeting or unless notice is waived pursuant to § 48-58-204.

(d)  Notice of an adjourned meeting need not be given if the time and place to which the meeting is adjourned are fixed at the meeting at which the adjournment is taken and if the period of adjournment does not exceed one (1) month in any one (1) adjournment.

[Acts 1987, ch. 242, § 8.22.]