The minutes shall be signed at the next ensuing meeting after confirmation at such meeting.

Proceedings presumed to be good and valid Proceedings presumed to be good and valid. No act or proceeding of the Board or any of its committees shall be invalid by reason only of a vacancy therein, or any defect in the appointment of any person acting as the Chairman or Vice-Chairman or Member, if such act or proceeding is otherwise in accordance with the provisions of this Act.