Quorum; action by majority

Ind. Code § 28-11-1-10, under Establishment of the Department of Financial Institutions.

Ind. Code § 28-11-1-10

Sec. 10. (a) Four (4) members constitute a quorum. (b) Unless otherwise provided for in this title, if a quorum is present, a majority of the members present is sufficient for the department to take action. As added by P.L.33-1991, SEC.56.