Michigan Laws 38.1030 – Board of trustees; quorum, proxy
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Michigan Laws 38.1030
- Trustee: A person or institution holding and administering property in trust.
Each trustee is entitled to 1 vote on any action of the board and at least 6 concurring votes are necessary for any action by the board at a meeting. A decision or action shall not become effective, unless presented and so approved by the action of the board. A trustee shall not vote by proxy, but shall be present at the meeting in order to have his or her vote recorded.