33-4-308. Board of directors -- quorum. (1) The general management of the affairs of a farm mutual insurer is vested in its board of directors.
     (2) A majority of the directors shall constitute a quorum to do business at any lawful meeting of the board.

     History: En. Sec. 494, Ch. 286, L. 1959; R.C.M. 1947, 40-4827.