Current through Register Vol. XLI, No. 50, December 13, 2024
Section 172-1-4 - Board of Directors4.1. The Board of Directors of the Authority shall consist of six members appointed pursuant to the provisions of W. Va. Code '29-18-4.4.2. The Secretary of the West Virginia Department of Transportation shall serve as the Chairman of the Board of Directors.4.3. The Board of Directors shall hold an election for vice chairman during the last board meeting of each fiscal year. Only appointed members of the Authority shall serve in this capacity.4.4. A secretary-treasurer, who need not be a member of the Authority, shall also be appointed by the Board of Directors.4.5. If for any reason an election cannot be held during the last board meeting of each fiscal year, the officers serving shall continue to act in their elected capacity until a meeting can be held to elect new officers. The term of office of any person elected shall begin on July 1st. and expire on June 30th. in the next calendar year.4.6. Vacancies on the Board of Directors shall be filled by appointment of the Governor as set forth in W. Va. Code '29-18-4.4.7. If for any reason any member of the Board of Directors is unable to attend three consecutive meetings, the Chairman of the Board shall direct a communication to such member pointing out the fact that three consecutive meetings have been missed and requesting the resignation of such member.4.8. If at any time a member of the Board of Directors resigns, the Chairman or his designated representative, shall immediately inform the Governor of West Virginia of such resignation and request that a new member be appointed.4.9. The Board of Directors may hold their meetings at such place or places as they may from time to time determine. 4.10. The property and business of the Authority shall be managed by the Board of Directors which may (subject to the limitation of the laws of West Virginia and these rules) exercise all such powers of the Authority as are authorized by law.4.11. Board of Director members, except for the Chairman, shall be entitled to reimbursement for travel expenses to and from Board of Directors meetings and during official duties assigned by majority vote of the Board of Directors or authorized by the Chairman. Reimbursement of travel expenses shall include mileage at the rate established for employees of the West Virginia Department of Transportation. Reimbursement of meals, lodging and other legitimate expenses shall be in accordance with W. Va. Code '4-2A-7.4.12. Board of Director members, except for the Chairman, shall receive the same compensation as is paid to members of the West Virginia Legislature for their interim duties in accordance with W. Va.. Code '4-2A-7.