Indiana Statutes
§ 5-28-4-6 — Quorum; proxy vote prohibited
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 4 Corporation Board
(a)The following constitutes a quorum for the
transaction of business by the board of the corporation:
(1)Seven (7) members, if:
(A)no additional members are appointed under section 2(c) of
this chapter; or
(B)one (1) additional member is appointed under section 2(c)
of this chapter.
(2)Eight (8) members, if either two (2) or three (3) additional
members are appointed under section 2(c) of this chapter.
(b)The following number of affirmative votes is necessary for
action to be taken by the board:
(1)The affirmative vote of at least seven (7) members, if:
(A)no additional members are appointed under section 2(c) of
this chapter; or
(B)one (1) additional member is appointed under section 2(c)
of this chapter.
(2)The affirmative vote of at least eight (8) members, if either
two (2)
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Legislative History
As added by P.L.4-2005, SEC.34. Amended by P.L.237-2017,
SEC.17.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined