19 Miss. Code. R. 5-4.09.14

Current through December 10, 2024
Section 19-5-4.09.14 - Quorum and Voting Rights of Board

A majority of the Advisory Board shall constitute a quorum. Each Advisory Board member shall be entitled to one (1) vote. An Advisory Board member's vote may be cast only by its representative, or in his or her absence, by its alternate. Proxy voting shall not be permitted. Any action of the Board requires the affirmative vote of a majority of the Board present at the meeting in which such action is considered. Provided, however, that a vote may not be taken on any question at a meeting of the Board unless the number of Board members present at the meeting who are not Servicing Carriers equals or exceeds the number of members of the Board who are Servicing Carriers present at the meeting. If such votes are not cast, the matter fails adoption except as provided for elsewhere in these Articles. In the absence of a quorum, the Board shall have no power except that a majority of the Board in attendance may adjourn the meeting from time to time until a quorum shall attend. Action may also be taken without meeting by mail, telephone, or telefax upon the affirmative vote of a majority of the Board provided all Board members are polled and no member of the Board demands a meeting.

Miss. Code Ann.§ 71-3-111 and § 71-3-119 (Rev. 2011)

19 Miss. Code. R. 5-4.09.14