164. In emergencies, a resolution in writing signed by all the members of the board of directors has the same force as if it had been passed at a sitting.
The resolution shall be deposited at the next sitting and kept with the minutes of the sittings of the board of directors.
The members of the board of directors may also, in emergencies, if there is a quorum and if all the members have consented thereto, participate in a special meeting by way of a telephone conference call.
The minutes of such a meeting must mention the fact that the meeting was held by way of a telephone conference call, and that all the members who participated in the meeting agreed to the procedure. The decisions made at the meeting must be tabled at the following public meeting.
1991, c. 42, s. 164; 1998, c. 39, s. 62.