1. Regulations
  2. title 29
  3. chapter XL
  4. part 4002
  5. § 4002.2

View all text of Part 4002 [§ 4002.1 - § 4002.10]

§ 4002.2 - Quorum.

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.

AUTHORITY: 29 U.S.C. 1302(b)(3), 1302(f).

SOURCE: 82 FR 42733, Sept. 12, 2017, unless otherwise noted.

CITE AS: 29 CFR 4002.2