|SB 0471||Transaction of business at meetings of electric cooperatives|
|LR Number:||L2089.01I||Fiscal Note:||2089-01|
|Committee:||Commerce and Environment|
|Last Action:||03/30/99 - Hearing Conducted S Commerce & Environment Committee||Journal page:|
|Effective Date:||August 28, 1999|
SB 471 - This act revises the number of members which constitute a quorum at a meeting of an electric cooperative. Current law provides that a quorum consists of five percent of the first two thousand members plus two percent of the remaining members. The act provides that a quorum consists of two percent of the first two thousand members plus one percent of the remaining members.
This act is similar to HB 915.