Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.
Active voter means a registered voter who has not been classified as an inactive
Quorum means a majority of the Regular Trustees or, if there are only two Regular Trustees, both of them.
Vote ’ means one of the main segments into which a budget of a municipality is divided for the appropriation of funds for the different departments or functional areas of the municipality; and which specifies the total amount that is appropriated for the purposes of the department or functional area concerned.
meeting of shareholders means an annual meeting of shareholders or a special meeting of shareholders;