Director or of amendment corporate bylaws or done without par value
D The articles of incorporation or the bylaws of a corporation may supersede. What Is The Role of a President of a Corporation? This would be similar to triggering a class voting right when a charter amendment would have an adverse effect on a class of stock. The board of directors may place conditions on the submission of the proposed sale to the shareholders. Allowing a quorum to be established with less than a majority of directors then in office may be seen as encouraging directors to think of attending board meetings as optional and not critically important to meeting their duties.