16 CFR 1000.9 - Quorum.

§ 1000.9 Quorum.
Three members of the Commission constitute a quorum for the transaction of business. If there are only three members serving on the Commission, two members constitute a quorum. If there are only two members serving on the Commission because of vacancies, two members constitute a quorum, but only for six months from the time the number of members was reduced to two.
Note:
The Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993, Pub. L. 102-389, limited funding to that for three Commissioners for fiscal year 1993 and thereafter.

Title 16 published on 2013-01-01

no entries appear in the Federal Register after this date.

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U.S. Code: Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES