Sec. 5. Action may be taken by the board at a meeting by the affirmative vote of at least four (4) directors. A vacancy on the board does not impair the right of a quorum of directors to exercise the powers and perform the duties of the board. As added by P.L.25-1984, SEC.1. Amended by P.L.38-1988, SEC.4.
Action by affirmative vote of four directors; effect of vacancy
Ind. Code § 5-1.5-2-5, under Chapter 2. Establishment and Organization.
Ind. Code § 5-1.5-2-5