N.J.S.A. 4:12A-5 — Chairman and recording secretary of board; quorum; meetings; seal

4:12A-5. Chairman and recording secretary of board; quorum; meetings; seal The board shall choose a chairman from its own members and recording secretary, who may be a member of the director's staff. The board shall fix the compensation, if any, which is to be paid to the recording secretary. A majority of the members of the board shall constitute a quorum for the transaction of the business of the board. Meetings of the board shall be called by the chairman or by a majority of the members of the board. The board shall have a seal, which shall be judicially noticed. L.1941, c. 274, p. 717, s. 5.

This is the verbatim text of N.J.S.A. 4:12A-5, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.