Quorum

Quorum

A quorum is the minimum number of members that must be present at a meeting in order for the proceedings to be considered valid and for decisions to be made. The specific number required for a quorum depends on the governing documents of the organization, such as its bylaws or articles of incorporation, as well as applicable laws.

In most contexts, a quorum is established to ensure that a sufficient number of individuals are participating in the decision-making process, thereby promoting fairness and representation within the group. For example, in a board meeting for a corporation, if the bylaws state that a quorum consists of a majority of the board members, then more than half of the total board members must be present for the meeting to proceed and for any resolutions to be passed.

If a quorum is not met, the meeting may be adjourned or rescheduled, and no official business can be conducted. This concept is essential not only in corporate governance but also in various types of organizations, including non-profits, homeowner associations, and legislative bodies, ensuring that decisions reflect the will of a significant portion of the group.