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Fla. Stat. § 420.505

Meetings; quorum; voting

Florida · Florida Statutes Chapter 420 — HOUSING · Status: effective

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Fla. Stat. § 420.505, Meetings; quorum; voting, Florida, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1148166
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The powers of the corporation shall be vested in the members of its board of directors in office from time to time. Five members of the board shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes. Action may be taken by the board upon an affirmative vote of a majority of the members present, provided that no action shall be taken by an affirmative vote of less than four members.