63M-1-302.   Members -- Meetings -- Expenses.
     (1) (a) The board shall consist of 15 members appointed by the governor to four-year terms of office with the consent of the Senate.
     (b) Notwithstanding the requirements of Subsection (1)(a), the governor shall, at the time of appointment or reappointment, adjust the length of terms to ensure that the terms of board members are staggered so that approximately half of the board is appointed every two years.
     (c) The members may not serve more than two full consecutive terms except where the governor determines that an additional term is in the best interest of the state.
     (2) Not more than eight members of the board may be from one political party.
     (3) The members shall be representative of all areas of the state.
     (4) When a vacancy occurs in the membership for any reason, the replacement shall be appointed for the unexpired term.
     (5) Eight members of the board constitute a quorum for conducting board business and exercising board power.
     (6) The governor shall select one of the board members as its chair.
     (7) (a) Members shall receive no compensation or benefits for their 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.
     (b) Members may decline to receive per diem and expenses for their service.

Renumbered and Amended by Chapter 382, 2008 General Session
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Last revised: Thursday, May 28, 2009