Section 6008. Quorum of stockholders  


Latest version.
  • 1. The holders of a majority of the
      shares entitled to vote thereat shall constitute a quorum at  a  meeting
      of  stockholders for the transaction of any business, provided that when
      a specified item of business is required to be voted on by  a  class  or
      series,  voting  as  a class, the holders of a majority of the shares of
      such class or series shall constitute a quorum for  the  transaction  of
      such specified item of business.
        2.  The organization certificate or by-laws may provide for any lesser
      quorum not less than one-third of the shares entitled to vote,  and  the
      organization  certificate  may,  under  section  six  thousand  sixteen,
      provide for a greater quorum.
        3. When a quorum is once present to organize  a  meeting,  it  is  not
      broken by the subsequent withdrawal of any stockholders.
        4.  The  stockholders  present  may  adjourn  the  meeting despite the
      absence of a quorum.