§ 9703.1. Board
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: April 1, 2014
Effective: April 1, 2014
72 P.S. § 9703.1
§ 9703.1. Board
The State Treasurer or the State Treasurer's designee shall have one vote on the board, and the other two members shall each have one vote on the board.
(b) Terms.--Members nominated by the Governor and approved by the Senate shall serve an initial term of four and six years respectively as designated by the Governor at the time of nomination and until their successors have qualified. After the initial terms, members nominated by the Governor and approved by the Senate shall serve for a term of six years and until a successor has qualified.
(5) Devote full time to the duties of the office and, while a member, may not engage in any other gainful employment or business nor hold another office or position of profit in a government of this Commonwealth, any other state or the United States. Nothing in this section may be interpreted to prohibit members of the board from serving in the National Guard and the reserves of the armed forces of the United States while a member of the board.
(i) Operation of board.--Two members of the board shall constitute a quorum. The board shall elect a secretary, who need not be a member of the board. The State Treasurer shall be the chairman of the board and shall, in consultation with the other members, select and appoint the counsel, clerks and other employees as may be necessary to administer the responsibilities of the board and for the proper conduct of its work.
Credits
1971, March 4, P.L. 6, No. 2, art. XXVII, § 2703.1, added 2013, July 9, P.L. 270, No. 52, § 38, effective April 1, 2014.
72 P.S. § 9703.1, PA ST 72 P.S. § 9703.1
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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