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This entry was published on 2014-09-22
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SECTION 1020-D
Board of trustees
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 1-A
* § 1020-d. Board of trustees. 1. Starting on January first, two
thousand fourteen, the board of the authority shall be constituted and
consist of nine trustees all of whom shall be residents of the service
area, five of whom shall be appointed by the governor, one of whom the
governor shall designate as chair, and serve at his or her pleasure, two
of whom shall be appointed by the temporary president of the senate, and
two of whom shall be appointed by the speaker of the assembly. One of
the governor's appointees shall serve an initial term of two years; one
of the governor's appointees shall serve an initial term of three years;
and three of the governor's appointees shall serve an initial term of
four years. One of the appointees of the temporary president of the
senate and one of the appointees of the speaker of the assembly shall
serve initial terms of two years; and one appointee of the temporary
president of the senate and one appointee of the speaker of the assembly
shall serve initial terms of three years. Thereafter, all terms shall be
for a period of four years. In the event of a vacancy occurring in the
office of trustee by death, resignation or otherwise, the respective
appointing officer shall appoint a successor who shall hold office for
the unexpired portion of the term.

2. No trustee shall receive a salary, but each shall be entitled to
reimbursement for reasonable expenses in the performance of duties
assigned hereunder.

3. Notwithstanding the provisions of any other law, no trustee,
officer or employee of the state, any state agency or municipality
appointed a trustee shall be deemed to have forfeited or shall forfeit
his or her office or employment by reason of his or her acceptance of a
trusteeship on the authority, his or her service thereon or his or her
employment therewith.

4. All trustees appointed under this section shall have relevant
utility, corporate board or financial experience.

* NB There are 2 § 1020-d's