North Carolina General Statutes 160A-606. Voting; removal
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Terms Used In North Carolina General Statutes 160A-606
- Board of Trustees: means the governing board of the Authority, in which the general legislative powers of the Authority are vested. See North Carolina General Statutes 160A-601
- Quorum: The number of legislators that must be present to do business.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(a) Six members of the Board of Trustees shall constitute a quorum for the transaction of business. Except as provided by N.C. Gen. Stat. § 160A-605(a)(4), each member shall have one vote.
(b) Each member of the Board of Trustees may be removed with or without cause by the appointer(s). If the appointment was made jointly by two boards, the removal must be concurred in by both.
(c) Appointments to fill vacancies shall be made for the remainder of the unexpired term by the respective appointer(s) charged with the responsibility for making such appointments pursuant to N.C. Gen. Stat. § 160A-605 All members shall serve until their successors are appointed and qualified, unless removed from office. (1989, c. 740, s. 1.)