Sec. 3. (a) A quorum consists of five (5) of the voting members of the foundation.
(b) The affirmative vote of at least five (5) voting members of the foundation or the members' designees is necessary for the foundation to take action.
[Pre-2003 Recodification Citation: 10-9-2-3.]
As added by P.L.2-2003, SEC.6. Amended by P.L.115-2003, SEC.15; P.L.22-2005, SEC.13; P.L.110-2009, SEC.5.