Sec. 17. (a) A majority of the board members constitutes a quorum for a meeting. The board may act by an affirmative vote of a majority of the board.
(b) The corporation shall record memoranda from the meeting as required by IC 5-14-1.5-4.
Governing board; quorum; meeting records
As added by P.L.2-1993, SEC.5
Sec. 17. (a) A majority of the board members constitutes a quorum for a meeting. The board may act by an affirmative vote of a majority of the board.
(b) The corporation shall record memoranda from the meeting as required by IC 5-14-1.5-4.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.