Ga. Comp. R. & Regs. 622-1-.01

Current through Rules and Regulations filed through October 29, 2024

Rule 622-1-.01 - Board of Trustees

The organization of the Board of Trustees of the Subsequent Industry Trust Fund shall be as follows:

(a) Meetings are to be held at least quarterly.

(b) Special meetings can be held upon reasonable notice in writing to Board Members by the Chairman or any two voting members.

(c) Three voting members must be present to constitute a quorum for conducting business.

(d) Time, place, names of those present, all official action of the Board, and when requested, a member's approval or dissent with reasons shall be recorded in the Minutes.

(e) The Administrator shall cause the Minutes to be transcribed and presented for approval or amendments at the next regular meeting.

(f) Minutes, or a true copy, shall be open for inspection during regular office hours.

Ga. Comp. R. & Regs. R. 622-1-.01

O.C.G.A. Sec. 34-9-354(d).

Original Rule entitled "Board of Trustees" was filed on May 26, 1987; effective June 15, 1987.