Sec. 10. (a) Four (4) members constitute a quorum.
(b) Unless otherwise provided for in this title, if a quorum is present, a majority of the members present is sufficient for the department to take action.
As added by P.L.33-1991, SEC.56.
Structure Indiana Code
Title 28. Financial Institutions
Article 11. Department of Financial Institutions
Chapter 1. Establishment of the Department of Financial Institutions
28-11-1-2. Administration of Title 28
28-11-1-3. Members of Department
28-11-1-4. Oath of Office; Necessity
28-11-1-5. Term of Office; Reappointment of a Member; Service to Continue Until Successor Appointed
28-11-1-8. Officers; Election; Term of Office
28-11-1-10. Quorum; Action by Majority
28-11-1-11. Delegation of Power
28-11-1-13. Policies and Procedures
28-11-1-14. Assignments, Deeds, and Other Documents; Execution
28-11-1-15. Director's Powers; State of Emergency or Governor's Approval