Co-operatives National Law (Queensland)
sec.175Meeting of board of directors
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sec.175 Meeting of board of directors
Meetings of the board of directors must be held at least once every 3 months and may be held as often as may be necessary. A meeting of the board of directors may be called by a director giving notice individually to every other director. A meeting of the board of directors may be called or held using any technology consented to by the board, and the consent may be a standing one. A quorum of a meeting of the board of directors is 50% of the number of directors, or a greater number of directors specified in the rules of the co-operative. However, for a quorum, the member directors must outnumber the non-member directors by at least one or, if a greater number is stated in the rules of the co-operative, by that greater number. The chairperson of the board may be elected either by the board or at a general meeting of the co-operative, and is to be elected, hold office, and retire, and may be removed from office, as provided by the rules of the co-operative. (sec.175-ssec.1) Meetings of the board of directors must be held at least once every 3 months and may be held as often as may be necessary. (sec.175-ssec.2) A meeting of the board of directors may be called by a director giving notice individually to every other director. (sec.175-ssec.3) A meeting of the board of directors may be called or held using any technology consented to by the board, and the consent may be a standing one. (sec.175-ssec.4) A quorum of a meeting of the board of directors is 50% of the number of directors, or a greater number of directors specified in the rules of the co-operative. (sec.175-ssec.5) However, for a quorum, the member directors must outnumber the non-member directors by at least one or, if a greater number is stated in the rules of the co-operative, by that greater number. (sec.175-ssec.6) The chairperson of the board may be elected either by the board or at a general meeting of the co-operative, and is to be elected, hold office, and retire, and may be removed from office, as provided by the rules of the co-operative.