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Senate Bill 0447


 

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Senate Bill 0447

ARCHIVE (2000)

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DIGEST OF SB447 (Updated February 23, 2000 8:05 PM - DI 84)

Participation in board for depositories meetings. Permits a member of the board for depositories who is not physically present at a board meeting to participate in the meeting by using a means of communication that permits all other board members and members of the public physically present at the meeting to simultaneously communicate with each other during the meeting. Provides that at least five members of the board (a quorum of the board) must be physically present at the place where the meeting is conducted. Provides that a member who is not physically present may vote on a matter before the board only if that matter is voted on by at least five members who are physically present at the meeting. Provides that a member who is not physically present may not cast the deciding vote.
    Current Status:
     Law Enacted
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