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41B.026 RURAL FINANCE AUTHORITY.
(a) Notwithstanding section 13D.01, the Rural Finance Authority may conduct a meeting of
its members by telephone or other electronic means so long as the following conditions are met:
(1) all members of the authority participating in the meeting, wherever their physical
location, can hear one another and can hear all discussion and testimony;
(2) members of the public present at the regular meeting location of the authority can hear all
discussion and testimony and all votes of members of the authority;
(3) at least one member of the authority is physically present at the regular meeting location;
and
(4) all votes are conducted by roll call, so each member's vote on each issue can be identified
and recorded.
(b) Each member of the authority participating in a meeting by telephone or other electronic
means is considered present at the meeting for purposes of determining a quorum and participating
in all proceedings.
(c) If telephone or other electronic means is used to conduct a meeting, the authority, to the
extent practical, shall allow a person to monitor the meeting electronically from a remote location.
The authority may require the person making such a connection to pay for documented marginal
costs that the authority incurs as a result of the additional connection.
(d) If telephone or other electronic means is used to conduct a regular, special, or emergency
meeting, the authority shall provide notice of the regular meeting location, of the fact that some
members may participate by telephone or other electronic means, and of the provisions of
paragraph (c). The timing and method of providing notice is governed by section 13D.04.
History: 1997 c 154 s 3