Sec. 10. (a) Five (5) trustees constitute a quorum for the transaction of business.
(b) Each trustee is entitled to one (1) vote.
(c) A majority vote of the trustees present is required for the board to adopt a resolution or take other action at a regular or special meeting.
As added by P.L.23-2011, SEC.22.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.5. Indiana Public Pension Modernization Act
5-10.5-3-1. Board Established; Purpose
5-10.5-3-2. Composition; Appointment; Vacancies; Trustee Education; Education Expense Reimbursement
5-10.5-3-5. Oath of Office; Qualification for Membership
5-10.5-3-6. Expense Reimbursement
5-10.5-3-7. Officers; Election; Term of Office
5-10.5-3-8. Meetings; Open to the Public; Record of Proceedings