Meetings; election of officers; quorum
Sec. 3. Promptly after the fifteenth day of January of each year,
the board of managers shall hold a meeting for the purpose of
organization. They shall choose one of their members president,
another vice-president, another secretary and another treasurer, who
shall perform the duties pertaining to those offices. Such officers first
so chosen shall serve from the date of their election until their
successors are elected and qualified. The members shall be
authorized to adopt such by-laws, rules and regulations as they may
deem necessary for the proper conduct of their proceedings, the
carrying out of their duties and the safeguarding of the funds and the
property entrusted to their care. A majority of the board of managers
shall constitute a "quorum", and the concurrence of a majority of the
board of managers shall be necessary to authorize any action.
(Formerly: Acts 1972, P.L.58, SEC.1.)
Last modified: May 28, 2006