sec.433Quorum and voting at meetings

### sec.433 Quorum and voting at meetings At a meeting of the board— the required minimum number of directors constitute a quorum; and a question is to be decided by a majority of the votes of the directors present and voting; and each director present has a vote on each question arising for decision and, if the votes are equal, the director presiding also has a casting vote. Subsection (1) (a) has effect subject to section 416 . (sec.433-ssec.1) At a meeting of the board— the required minimum number of directors constitute a quorum; and a question is to be decided by a majority of the votes of the directors present and voting; and each director present has a vote on each question arising for decision and, if the votes are equal, the director presiding also has a casting vote. (sec.433-ssec.2) Subsection (1) (a) has effect subject to section 416 . - (a) the required minimum number of directors constitute a quorum; and - (b) a question is to be decided by a majority of the votes of the directors present and voting; and - (c) each director present has a vote on each question arising for decision and, if the votes are equal, the director presiding also has a casting vote.