Legal Question in Business Law in Nevada
If there are 10 people on a board and 9 of them vote "yes" on an issue but one obstaines is the "yes" vote considered unanimous?
Asked on 4/14/11, 7:13 am
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I can only say the answer is "it depends." The corporate bylaws need to be consulted to see how votes that abstain are treated. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 4/14/11, 8:42 am
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