How to Meet Quorum of Board Meetings

If you do not have a sufficient number of board members present at your meeting, it isn’t legal to hold. This article provides some tips on how to ensure the quorum required for board meetings to make decisions with the necessary legitimacy.

Quorum ensures that even when perfect attendance is not common at board meetings, the decisions made are based on the views and preferences of everyone who is involved. It is a safeguard against the negative effects of minority rule, which means that only a few directors have a https://hurleycountrystore.biz/streamlining-business-needs-the-role-of-vdrs-in-data-management/ disproportionate influence and make unilateral decisions that isn’t in the best interest of the company or its stakeholders.

The majority of organizations set their quorum rules in their bylaws. The rules may differ however they typically include a percentage of board directors who must be present for a quorum requirement to exist. Some bylaws may also include exceptions to the rule of law that are applicable in certain situations or certain kinds of meetings.

Consider things like the size of your board or difficulties in getting all your members together simultaneously in determining the proportion of quorum. It’s important to balance the flexibility and legitimacy of your quorum rules, as it’s unlikely that everyone will be present at every meeting.

If the quorum doesn’t meet at the start of a board meeting, the chair should wait a couple of minutes to check if there are more members present in order to reach the minimum number of members required. If it becomes apparent that the quorum won’t be reached the chair should announce that there isn’t any quorum present and that no business of any kind will be conducted at this meeting.