Quorum meetings
For corporations registered with ORIC, the CATSI Act adopts a model for quorums that states how many people make up a quorum depending on how many members the corporation has:
Members | Quorum members |
20 or fewer members | two members |
21 to 30 members | three members |
31 to 40 members | four members |
41 to 50 members | five members |
51 to 60 members | six members |
61 to 70 members | seven members |
71 to 80 members | eight members |
81 to 90 members | nine members |
91 members or more | 10 members |