Board meetings shall be called by the Executive Director of the Board within, at least, forty-eight (48) hours in advance. A two-thirds (2/3) majority of Board members shall constitute a quorum for all purposes. Board members that belong to the Governor’s cabinet may designate an official with duties closely related to the administration of their agencies to represent them at the meetings of the Board, in the event such member is unable to attend the same. Agreements shall be reached by a majority vote of the members present. The absence of one or more Board members shall not prevent the Board, once a quorum is established, from making the necessary determinations or carrying out its duties and exercising its rights. Any determination of the Board shall be final, once it meets and a quorum is established, unless the Trust establishes other procedure through regulations. In any case, the minutes of all Board meetings shall be kept and be available for public inspection at the Trust’s office or place determined by the Trust.
History Aug. 26, 2014, No. 140, § 12, eff. 90 days after Aug. 26, 2014.