Section 15-16-6-11 - Special meetings; quorum(a) A special meeting of the members of the association may be called at any time by: (1) a majority of the board of directors; or(2) five (5) members of the association.(b) A majority of the members constitute a quorum to transact ordinary business not required by law to be transacted at the regular meeting prescribed by law.Pre-2008 Recodification Citation: 15-3-7-11.
As added by P.L. 2-2008, SEC.7.