A majority of the directors shall constitute a quorum, and a concurrence of the majority in any matter within their duties shall be sufficient for its determination. History: Laws 1931, ch. 97, § 16; 1941 Comp., § 77-1316; 1953 Comp., § 75-13-16.
NMSA 1978, § 73-1-18 — under Article 1.
NMSA 1978, § 73-1-18
A majority of the directors shall constitute a quorum, and a concurrence of the majority in any matter within their duties shall be sufficient for its determination. History: Laws 1931, ch. 97, § 16; 1941 Comp., § 77-1316; 1953 Comp., § 75-13-16.