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Quorum of and action by directors - 15 Pa. Cons. Stat. § 1727

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     § 1727.  Quorum of and action by directors.
        (a)  General rule.--Unless otherwise provided in the bylaws,
     a majority of the directors in office of a business corporation
     shall be necessary to constitute a quorum for the transaction of
     business, and the acts of a majority of the directors present
     and voting at a meeting at which a quorum is present shall be
     the acts of the board of directors.
        (b)  Action by consent.--Unless otherwise restricted in the
     bylaws, any action required or permitted to be taken at a
     meeting of the directors may be taken without a meeting if,
     prior or subsequent to the action, a consent or consents thereto
     by all of the directors in office is filed with the secretary of
     the corporation.
     (June 22, 2001, P.L.418, No.34, eff. 60 days)

        2001 Amendment.  Act 34 amended subsec. (b).

Last modified: November 27, 2007