Resolution by Circulation-Board of Directors

For the resolution to pass, it must receive the majority approval of the directors entitled to vote. If one-third of the directors demand that the resolution be decided at a meeting, it must be put to a vote at the next board meeting. Once passed, the resolution is noted in the minutes of the subsequent board meeting, ensuring transparency and record-keeping. This method streamlines decision-making while maintaining the integrity and accountability of the board’s actions.