The board of directors shall fix the time and place for regular meetings of the board and may hold such other meetings as are called by the chairman or any two (2) members of the board upon two (2) days' notice in writing to all members of the board. A maj ority of the directors shall constitute a quorum, and the concurrence of the majority in any matter within the scope of its duties shall be decisive. All actions taken by the directors shall be by resolution.
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