Sec. 8. (a) Immediately after January 15 of each year, the board shall hold an organizational meeting. It shall elect one (1) of the members 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 board may elect an assistant secretary-treasurer.

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Terms Used In Indiana Code 36-10-9.1-8

  • board: refers to the board of directors of the authority. See Indiana Code 36-10-9.1-3
  • 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
     (b) Special meetings may be called by the president of the board or any two (2) members of the board.

     (c) A majority of the members constitutes a quorum, and the concurrence of a majority of the members is necessary to authorize any action.

As added by P.L.82-1985, SEC.12.

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