Board of Trustees -- Quorum; meetings; expenses

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    (a)    Each trustee is entitled to one vote on the Board of Trustees.

    (b)    A majority of the trustees then serving on the Board of Trustees is a quorum for:

        (1)    the transaction of any business;

        (2)    the exercise of any power; or

        (3)    the performance of any duty authorized or imposed by law.

    (c)    The Board of Trustees shall set the times and places of its meetings.

    (d)    A trustee:

        (1)    may not receive compensation from the several systems for service as a trustee; but

        (2)    is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.


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