1. (a) The board shall hold regular meetings at least every three (3) months.

2. (b) The board may provide in the bylaws of the savings bank for:

   1. (1) regular meetings more frequent than required by subsection (a); and
   2. (2) the calling of special meetings.
3. (c) The board shall keep minutes of the proceedings of each meeting in a record provided for that purpose.

As added by P.L.42-1993, SEC.72.