As Magma has resisted the takeover bid, its board has rejected the offer and enacted a shareholders rights plan or "poison pill."
The board enacts local ordinances and approves the village budget.
A 10-member board develops the rules and standards for the roads, and enacts the final approval for each designation.
The board enacted a preliminary code of law and divided the strip into three districts.
The board can enact the proposed rules without legislative approval.
But he said the board would, in all likelihood, enact far-reaching changes in September when it gathers to plan next year's festivities.
Congress is unlikely to adopt the plan, but some analysts think that boards of directors might enact milder versions of the policy on their own.
Our board recently enacted a new policy, and I am wondering whether it has overstepped its authority.
Tuition Policy Tenafly's board enacted the policy five years ago to ease financial pressures caused by declining enrollment and high labor costs.
In July 2012 the board enacted a $25 per sport fee to participate in sports.