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Allowable Business
QUESTION: Do ballots establish quorum for all actions at an annual meeting or only for the election part of the meeting?

ANSWER: Ballots establish quorum for the meeting as a whole. However, new matters cannot be raised and voted on from the floor at the annual meeting. Only incidental matters may be voted on by the membership, such as approving the minutes, closing balloting, adjourning the meeting, etc. Any significant business requires notice to the membership, secret balloting, and a 30-day voting period.

Adams Kessler PLC
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