Indiana Code 8-22-3.7-7. Meetings; quorum
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Sec. 7. (a) Immediately after January 15 of each year, the development board shall hold an organizational meeting. It shall elect one (1) of the members of the development board president, another vice president, and another secretary-treasurer to perform the duties of those offices. These officers serve from the date of their election and until their successors are elected and qualified. The development board may elect an assistant secretary-treasurer.
(c) A majority of the members constitutes a quorum, and the concurrence of a majority of the members is necessary to authorize any action.
(b) Special meetings may be called by the president of the development board or any two (2) members of the development board.
Terms Used In Indiana Code 8-22-3.7-7
- development board: refers to the board of directors of a development authority. See Indiana Code 8-22-3.7-4
- Quorum: The number of legislators that must be present to do business.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
As added by P.L.108-1993, SEC.11.