Queensland Consolidated Acts Queensland Consolidated Acts(1) Meetings of the board of directors must be held at least once every 3 months and may be held as often as may be necessary.
(2) A meeting of the board of directors may be called by a director giving notice individually to every other director.
(3) The board of directors may hold meetings, or allow directors to take part in its meetings by telephone, video link, or another form of communication that allows reasonably contemporaneous and continuous communication between the directors taking part in the meeting.
(4) A quorum of a meeting of the board of directors is 50% of the number of directors, or a greater number of directors specified in the rules.
(4A) However, for a quorum, the member directors must outnumber the independent directors by at least 1 or, if a greater number is stated in the rules of the cooperative, the greater number.
(5) The chairperson of the board may be elected either by the board or at a general meeting of the cooperative, and is to be elected, hold office, and retire, and may be removed from office, as provided by the rules of the cooperative.