1. (a)

   1. (1) The Authority consists of the following nine members:

      1. (i) seven members appointed by the Governor with the advice and consent of the Senate; and

      2. (ii) as ex officio members:

         1. 1. the Secretary; and
         2. 2. the Treasurer or the Comptroller, as the Governor designates.
   2. (2) An ex officio member may designate a representative to serve on the Authority.

2. (b) The appointed members shall:

   1. (1) have substantial experience in business or economic development; and
   2. (2) reflect the geographic, racial, ethnic, and gender makeup of the State.

3. (c)

   1. (1) The term of an appointed member is 5 years.
   2. (2) The terms of the appointed members are staggered as required by the terms provided for members of the Authority on October 1, 2008.
   3. (3) At the end of a term, an appointed member continues to serve until a successor is appointed and qualifies.
   4. (4) A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.
4. (d) The Governor may remove an appointed member with or without cause.

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.