Sec. 8. (a) The board shall hold an annual organizational meeting.

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Terms Used In Indiana Code 5-1-17-8

  • board: refers to the board of directors of the authority. See Indiana Code 5-1-17-2
  • Quorum: The number of legislators that must be present to do business.
     (b) The board shall elect one (1) of the members vice chair 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.

     (c) Special meetings may be called by the chair of the board or the other two (2) members of the board.

     (d) Three (3) members constitute a quorum, and the concurrence of a majority of the members is necessary to authorize any action.

As added by P.L.214-2005, SEC.6. Amended by P.L.157-2024, SEC.2.

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