Meetings shall be held at the call of the chairman or whenever two commissioners so request. Four commissioners of the authority shall constitute a quorum, and any action taken by the authority under the provisions of sections 348.005 to 348.180 may be authorized by resolution approved by a majority, but not less than four, of the commissioners present at any regular or special meeting. No vacancy in the membership of the authority shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority.
Mo. Rev. Stat. § 348.050
Meetings, quorum — actions by resolution, requirements
Known as the Missouri Agricultural and Small Business Development Loan Act
The act spans §§ 348–348 (100 sections).
Effective: 28 Aug 1981; (L. 1981 H.B. 681 § 10)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.