220.160 Quorum -- Action to be by resolution -- Votes to be recorded. A majority of the directors shall constitute a quorum, and concurrence of the majority in any matter within the duties of the board shall be sufficient for its determination. All actions taken by the directors shall be by resolution, and in each instance t he name and vote of each director shall be recorded in the minutes. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2062g -17.
Kentucky Legal Code