§ 4002.2 Quorum.
FederalRegulations
Ask Donna
How this section applies to your facts.
Title 29—Labor > Subtitle B—Regulations Relating to Labor > CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION > SUBCHAPTER A—GENERAL > PART 4002—BYLAWS OF THE PENSION BENEFIT GUARANTY CORPORATION
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.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.