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What Is a Quorum? Explained: Definition & Importance in Decision Making

By Motley Fool Staff – Updated Oct 3, 2024 at 12:36AM

Key Points

  • Quorums ensure only valid decisions are made when a minimum number of members meet.
  • Without a quorum, organizations risk invalid actions and legal challenges.
  • Investors must verify quorum rules to understand meeting legitimacy.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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