Of the members initially appointed, the members appointed by the Governor shall each serve 2-year terms, the member appointed by the Chief Justice shall serve a 2-year term, the members appointed by the House and Senate Minority Leaders shall each serve 3-year terms, the members appointed by the Speaker and the President shall each serve 4-year terms, and the member jointly appointed by the President and the Speaker shall serve a 2-year term. Thereafter, members shall serve 4-year terms.
The members shall elect a chair and a vice-chair each year at a date, time, and location as designated by the Chair upon thirty (30) days written notice to each member of the Board of Directors. The members shall also elect a secretary and a treasurer, who need not be members of the board, and the same person may be elected to serve as both secretary and treasurer. The powers of the board may be vested in the officers from time to time. Five members shall constitute a quorum. No vacancy in the membership of the board shall impair the right of a quorum of the members to exercise all the powers and perform all the duties of the board.
If the board determines that the authority has sufficient financial resources, each member of the board not otherwise in full-time employment of the state or a state official shall receive a per diem of $100 for each day actually and necessarily spent in the discharge of official duties, and all members shall receive reimbursement for travel and other necessary expenses actually incurred in the performance of official duties.
New Member Orientation Packet (.pdf)