Acts of Committee. (1) Each member of the Committee shall have one vote and, other than with respect to any amendment of the Fundamental Provisions, the Committee shall act by majority decision. (2) It shall require a minimum of four (4) members of the Committee to constitute a quorum in order for the Committee to act. (3) Votes of members of the Committee shall be recorded on all matters voted on or decided by the Committee. Full minutes of Committee meetings shall be maintained and provided to the Commission quarterly. (4) The Committee shall be subject to the authority of the CPUC.
Appears in 3 contracts
Samples: Customer Credit Trust Agreement, Customer Credit Trust Agreement, Trust Agreement
Acts of Committee. (1) Each member of the Committee shall have one vote and, other than with respect to any amendment of the Fundamental Provisions, the Committee shall act by majority decision.
(2) . It shall require a minimum of four (4) members of the Committee to constitute a quorum in order for the Committee to act.
(3) . Votes of members of the Committee shall be recorded on all matters voted on or decided by the Committee. Full minutes of Committee meetings shall be maintained and provided to the Commission quarterly.
(4) . The Committee shall be subject to the authority of the CPUC.
Appears in 2 contracts
Samples: Customer Credit Trust Agreement, Customer Credit Trust Agreement
Acts of Committee. (1) Each member of the Committee shall have one vote and, other than with respect to any amendment of the Fundamental Provisions, the Committee shall act by majority decision.
(2) It shall require a minimum of four (4) members of the Committee to constitute a quorum in order for the Committee to act.
(3) Votes of members of the Committee shall be recorded on all matters voted on votedon or decided by the Committee. Full minutes of Committee meetings shall be shallbe maintained and provided to the Commission quarterly.
(4) The Committee shall be subject to the authority of the CPUC.
Appears in 1 contract
Samples: Customer Credit Trust Agreement