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State System of Public Education | |
State Charter School Finance Authority Act | |
Section 103 | State Charter School Finance Authority created -- Members -- Compensation -- Services. |
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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 member may not receive compensation or benefits for the member's service, but may receive per diem and travel expenses in accordance with: (a) Section 63A-3-106; (b) Section 63A-3-107; and (c) rules made by the Division of Finance pursuant to Sections 63A-3-106 and 63A-3-107. (4) Upon request, the State Board of Education shall provide staff support to the authority.
Amended by Chapter 286, 2010 General Session |
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