A quorum for the transacting of the business of the authority shall consist of a majority of the members. Meetings of the authority may be called by the chairman or by a majority of the members. In case of tie voting by the authority, the issue shall be deemed to have failed passage.
Effective: July 15, 2002

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Terms Used In Kentucky Statutes 154.50-333

  • Authority: means the Kentucky Economic Development Finance Authority, consisting of a committee as set forth in KRS §. See Kentucky Statutes 154.1-010
  • Quorum: The number of legislators that must be present to do business.

History: Amended 2002 Ky. Acts ch. 104, sec. 3, effective July 15, 2002. — Created
1970 Ky. Acts ch. 114, sec. 8.
Formerly codified as KRS § 152.880