§ 47-1a-744-1

47-1A-744.1. Groups authorized to make determination that maintenance of proceeding not in best interest of corporation.Unless a panel is appointed pursuant to §47-1A-744.5, the determination in §47-1A-744 shall be made by:(1)A majority vote of independent directors present at a meeting of the board of directors if the independent directors constitute a quorum; or(2)A majority vote of a committee consisting of two or more independent directors appointed by majority vote of independent directors present at a meeting of the board of directors, whether or not such independent directors constituted a quorum. Source: SL 2005, ch 239, §128.