Indiana Code 36-9-13-16. Directors; adoption of rules; quorum; approval of actions
Current as of: 2023 | Check for updates
|
Other versions
Sec. 16. (a) The directors may adopt the rules and bylaws they consider necessary for the proper conduct of their proceedings, the performance of their duties, and the safeguarding of the funds and property of the building authority.
(b) A majority of the directors constitutes a quorum, and the concurrence of a majority of the directors is necessary to authorize any action by the directors.
[Pre-Local Government Recodification Citation: 19-8-4-5 part.]
As added by Acts 1981, P.L.309, SEC.86.
Terms Used In Indiana Code 36-9-13-16
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Quorum: The number of legislators that must be present to do business.