53A-20b-103. State Charter School Finance Authority created -- Members --
Compensation -- Services.
(1) There is created a body politic and corporate known as the State Charter School
Finance Authority. The authority is created to provide an efficient and cost-effective method of
financing charter school facilities.
(2) The governing board of the authority shall be composed of:
(a) the governor or the governor's designee;
(b) the state treasurer; and
(c) the state superintendent of public instruction or the state superintendent's designee.
(3) (a) (i) A member who is not a government employee may not receive compensation
or benefits for the member's services, but may receive per diem and expenses incurred in the
performance of the member's official duties at the rates established by the Division of Finance
under Sections 63A-3-106 and 63A-3-107.
(ii) A member may decline to receive per diem and expenses for the member's service.
(b) (i) A state government officer or employee member who does not receive salary, per
diem, or expenses from the agency the member represents for the member's service may receive
per diem and expenses incurred in the performance of the member's official duties at the rates
established by the Division of Finance under Sections 63A-3-106 and 63A-3-107.
(ii) A state government officer or employee member may decline to receive per diem and
expenses for the member's service.
(4) Upon request, the State Board of Education shall provide staff support to the
authority.
Enacted by Chapter 167, 2007 General Session
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Last revised: Thursday, May 28, 2009