23 CAR § 320-2101
23 CAR § 320-2101. Directors’ meetings
Length: 57 wordsOfficial source
The procedure at the regular and special meeting of the board of directors shall be governed by the terms of the articles of incorporation and bylaws of the bank; provided, however, no proxy given by a director for any meeting of the board of directors shall be effective for determining a quorum, voting, or any other purpose.