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18 GCA § 17815

Quorum

Guam Code AnnotatedTitle 18 — Business Structure and Function
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(a)Unless the articles of organization provide for a greater number, a majority of the total number of directors specified by the organic rules constitutes a quorum for a meeting of the directors.

(b)If a quorum of the board of directors is present at the beginning of a meeting, any action taken by the directors present is valid even if withdrawal of directors originally present results in the number of directors being fewer than the number required for a quorum.

(c)A director present at a meeting but objecting to notice under § 17814(b)(1) or

(2)does not count toward a quorum.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.