Indiana Code 16-22-8-17. Governing board; quorum; meeting records
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Sec. 17. (a) A majority of the board members constitutes a quorum for a meeting. The board may act by an affirmative vote of a majority of the board.
(b) The corporation shall record memoranda from the meeting as required by IC 5-14-1.5-4.
[Pre-1993 Recodification Citation: 16-12-21-12(b).]
As added by P.L.2-1993, SEC.5. Amended by P.L.184-2005, SEC.20; P.L.88-2006, SEC.1.
Terms Used In Indiana Code 16-22-8-17
- board: refers to the board of a municipal corporation created under this chapter. See Indiana Code 16-22-8-2.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Quorum: The number of legislators that must be present to do business.