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§ 4002.2 Quorum.

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Title 29 CFR: Labor › Chapter XL: PENSION BENEFIT GUARANTY CORPORATION › Part 4002: BYLAWS OF THE PENSION BENEFIT GUARANTY CORPORATION › § 4002.2: § 4002.2 Quorum.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Section 4002(d)(2) of ERISA establishes that a majority of the Board Members will constitute a quorum for the transaction of business. Any act of a majority of the Members present at any meeting at which there is a quorum will be the act of the Board.

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§ 4002.2 Quorum. · 29 C.F.R. § 4002.2 (2026) | Frix