085-1 Wyo. Code R. §§ 1-9 - Board of Directors Meeting
a. The Board of
Directors shall meet at the call of the chairman, the secretary or upon request
of the majority of its members in accordance with
W.S.
16-4-401 through
16-4-407, Public Meetings, and in
accordance with W.S.
W.S.
9-12-103 (d).
b. The Board of Directors shall conduct
application reviews at a public meeting with a quorum of the Board of
Directors. Board members may be physically present or participate through tele-
or video-conference. Loans shall be approved by a majority, affirmative vote of
the members of the Board of Directors voting on the matter. The Board of
Directors reserves the right to go into Executive Session should it determine
matters to be discussed are proprietary or confidential in nature.
c. The Board of Directors shall reserve the
right to vote on requests for changes in loan commitments, internal policy
matters, or other similar internal business affairs of the Board of Directors,
by tele- or video-conference. Minutes will be kept of the tele- or
video-conference discussion and the vote duly recorded and made a part of the
minutes.
d. The Board of Directors
reserves the right to declare a moratorium upon the acceptance of
applications.
Notes
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