How many meetings should the trust convene during a year and is there a procedure for it?
A. The statute books do not lay down the minimum number of times Board members must meet. The Board of trustees may meet as often as required or as prescribed in the trust deed. Ideally, the board may meet four to six times a year. However, this may vary. Procedures for calling and conducting meetings are usually laid down in the trust deed. Fifteen days prior notice is generally adequate. The chairman presides over all meetings of the Board and usually enjoys a casting vote.
