Section 33-49-430. Quorum.

SC Code § 33-49-430 (2019) (N/A)
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Section effective until August 1, 2020. See, also, Section 33-49-430 effective August 1, 2020.

Five per cent of all members present in person shall constitute a quorum for the transaction of business at all meetings of the members unless the bylaws prescribe the presence of a greater percentage of the members for a quorum. If less than a quorum is present at any meeting a majority of those present in person may adjourn the meeting from time to time without further notice.

HISTORY: 1962 Code Section 12-1033; 1952 Code Section 12-1033; 1942 Code Section 8555-98; 1939 (41) 240.