Section 7011. Notice of board meetings; waiver; adjournment

1.   Unless
  otherwise provided by the by-laws, regular meetings of the board may  be
  held  without notice if the time and place of such meetings are fixed by
  the by-laws or the board. Special meetings of the board  shall  be  held
  upon notice to the directors.
    2.  The  by-laws may prescribe what shall constitute notice of meeting
  of the board. A notice, or  waiver  of  notice,  need  not  specify  the
  purpose  of any regular or special meeting of the board, unless required
  by the by-laws.
    3. Notice of a meeting need not be given to any director who submits a
  signed waiver of notice whether before or  after  the  meeting,  or  who
  attends  the  meeting  without  protesting,  prior  thereto  or  at  its
  commencement, the lack of notice to him.
    4. A majority of the directors present, whether or  not  a  quorum  is
  present,  may  adjourn  any  meeting  to  another time and place. If the
  by-laws so provide, notice of any adjournment of a meeting of the  board
  to  another  time  or place shall be given to the directors who were not
  present at the time of the adjournment and, unless such time  and  place
  are announced at the meeting, to the other directors.