[§201B-4]  Meetings of the board.  (a) The meetings of the board shall be open to the public as provided insection 92-3, except that when it is necessary for the board to receiveinformation that is proprietary to a particular enterprise or the disclosure ofwhich might be harmful to the business interests of the enterprise, the boardmay enter into an executive meeting that is closed to the public.

(b)  The board shall be subject to theprocedural requirements of section 92-4, and this authorization shall be inaddition to the exceptions listed in section 92-5, to enable the authorityboard to respect the proprietary requirements of enterprises with which it hasbusiness dealings. [L 1998, c 156, pt of §2]