Meetings — Quorum — Staff

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  1. (a)

    1. (1) Meetings of the State Board of Finance shall be held:

      1. (A) At least quarterly:

        1. (i) Upon the call of the Governor or by any three (3) or more members; and

        2. (ii) Upon advance notice to each member; and

      2. (B) At a place that is convenient for the board.

    2. (2) The meetings shall be conducted in accordance with the Freedom of Information Act of 1967, § 25-19-101 et seq., and complete records of the proceedings shall be kept.

  2. (b)

    1. (1) Seven (7) members shall constitute a quorum for the transaction of business.

    2. (2) The affirmative vote of a majority of members present is required to adopt a motion or resolution.

  3. (c) The staff of an elected or appointed official of the board may provide any assistance requested by the board.


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