(805 ILCS 105/108.15)
(from Ch. 32, par. 108.15)
Quorum of directors.
(a) Unless otherwise
provided in the articles of incorporation or the bylaws, a
majority of the directors then in office shall constitute a
quorum; provided, that in no event shall a quorum consist of
less than one-third of the directors then in office.
(b) The act of the majority of the directors present at a
meeting at which a quorum is present shall be the act of the
board of directors, unless the act of a greater number is
required by the articles of incorporation or the bylaws.
(c) Unless specifically prohibited by the articles of
incorporation or bylaws, directors or nondirector
committee members may participate in and act at any meeting
of such board or committee through the use of a conference
telephone or other communications equipment by means of
which all persons participating in the meeting can
communicate with each other. Participation in such meeting
shall constitute attendance and presence in person at the
meeting of the person or persons so participating.
(Source: P.A. 84-1423.)