67-8906. QUORUM — MODE OF ACTION — COMPENSATION. (1) Four (4) directors of the authority shall constitute a quorum for the purpose of conducting business and exercising its powers.
(2) Action may be taken by the authority upon the affirmative vote of at least four (4) directors. No vacancy on the board shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority.
(3) Notice of meetings shall be given as provided in chapter 2, title 74, Idaho Code, and the bylaws of the authority.
(4) The board may hold any of its meetings by telephone, teleconference or other electronic means, as and to the extent provided in its bylaws.
(5) The board shall act by resolution or order which shall be recorded in its official minutes but need not be published or posted.
(6) Directors shall be compensated for services as provided by section 59-509(o), Idaho Code.
History:
[67-8906, added 2005, ch. 53, sec. 1, p. 194; am. 2015, ch. 141, sec. 189, p. 528.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 89 - IDAHO ENERGY RESOURCES AUTHORITY ACT
Section 67-8901 - SHORT TITLE.
Section 67-8902 - DECLARATION OF NECESSITY AND PURPOSE.
Section 67-8903 - DEFINITIONS.
Section 67-8904 - CREATION OF IDAHO ENERGY RESOURCES AUTHORITY.
Section 67-8905 - DIRECTORS — TERMS OF OFFICE — APPOINTMENT — FILLING VACANCIES AND REMOVAL.
Section 67-8906 - QUORUM — MODE OF ACTION — COMPENSATION.
Section 67-8909 - DEVELOPMENT, ACQUISITION AND CONSTRUCTION OF FACILITIES.
Section 67-8910 - MANAGEMENT AND OPERATION OF FACILITIES.
Section 67-8911 - SALE OF ELECTRICITY, PRODUCT OR SERVICE FROM FACILITIES — CHARGES.
Section 67-8912 - COST RECOVERY AND RATE STABILIZATION CHARGES OF PARTICIPATING UTILITIES.
Section 67-8913 - COOPERATION WITH OTHER AGENCIES AND SUBDIVISIONS.
Section 67-8914 - EXEMPTION FROM INCOME TAXATION.
Section 67-8915 - ISSUANCE OF BONDS TO FINANCE FACILITIES.
Section 67-8916 - REFUNDING BONDS.
Section 67-8917 - PAYMENT OF BONDS — NONLIABILITY OF STATE.
Section 67-8918 - STATE’S PLEDGE.
Section 67-8920 - EXEMPTION OF REAL PROPERTY OF AUTHORITY FROM LEVY AND SALE BY EXECUTION.
Section 67-8921 - ANNUAL REPORT.
Section 67-8922 - AUTHORITY OBLIGATIONS ARE LEGAL INVESTMENTS.
Section 67-8923 - CHAPTER NOT A LIMITATION OF POWERS.
Section 67-8924 - CONSTITUTIONALITY.