4.96.050 Meetings.
This section is included in your selections.
A. The board shall meet at least once per year if there is money available in the loan fund to lend;
B. A quorum of the board shall consist of five members;
C. Alternates, when not needed to fill a temporary vacancy of a regular board member, may act as ex-officio members of the board and are encouraged to attend the meetings and may participate in discussions and debate but may not vote; and
D. The board shall adopt written rules and procedures, subject to the requirements of state law for open meetings, and in conformity with FNSBC 14.04.210. (Ord. 2003-55 § 3, 2003. 2004 Code § 2.95.050.)