§4002.2. Quorum.
29 C.F.R. § 4002.2
Section 4002(d)(2) of ERISA establishes that a majority of the Board Members will constitute a quorum for the transaction of business. Any act of a majority of the Members present at any meeting at which there is a quorum will be the act of the Board.
Notes, amendments, and revision history
Authority
Authority: 29 U.S.C. 1302(b)(3), 1302(f).
Source
Source: 82 FR 42733, Sept. 12, 2017, unless otherwise noted.