Ariz. Admin. Code § R4-35-209 - Presumption of Assent

A director who is present at a meeting of the Board of Directors, or of any committee, at which action is taken on any manner will be presumed to have assented to the action taken unless his or her dissent or abstention is entered in the minutes of the meeting or unless he or she files written notice of dissent or abstention by registered or certified mail to the Secretary of the Authority immediately after the adjournment of the meeting. A right to dissent will not be available to a director who voted in favor of any action.

Notes

Ariz. Admin. Code § R4-35-209
Adopted effective April 27, 1981 (Supp. 81-2).

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