Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter54B. Savings and Loan Associations. |
Article5. Corporate Administration |
§54B-108. Quorum
Latest version.
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Unless otherwise provided in the association's charter or bylaws, 50 holders of withdrawable accounts in a mutual association or 50 stockholders or a majority of shares eligible to vote in a stock association, present in person or represented by proxy, shall constitute a quorum at any annual or special meeting.
(1981, c. 282, s. 3.)