Powers of board of directors — election of officers — employees quorum necessary for board action — reimbursement of expenses
Effective Jul 7, 1997(L. 1997 S.B. 21)
Viewing an earlier version · effective Jul 7, 1997View current - 1. The board shall possess and exercise all of the district's legislative and executive powers.
- 2. Within thirty days after the election of the initial directors, the board shall meet. At its first meeting and after each election of new board members the board shall elect a chairman, a secretary, a treasurer and such other officers as it deems necessary from its members. A director may fill more than one office, except that a director may not fill both the office of chairman and secretary.
- 3. The board may employ such employees as it deems necessary; provided, however, that the board shall not employ any employee who is related within the fourth degree by blood or marriage to a member of the board.
- 4. At the first meeting, the board, by resolution, shall define the first and subsequent fiscal years of the district, and shall adopt a corporate seal.
- 5. A simple majority of the board shall constitute a quorum. If a quorum exists, a majority of those voting shall have the authority to act in the name of the board, and approve any board resolution.
- 6. Each director shall devote such time to the duties of the office as the faithful discharge thereof may require and may be reimbursed for his or her actual expenditures in the performance of his or her duties on behalf of the district.
(L. 1997 S.B. 21)
Effective 7-7-97