Current through Register Vol. XLI, No. 50, December 13, 2024
Section 188-1-5 - Miscellaneous5.1. Fiscal Year. -- The fiscal year of the Commission shall commence on the first day of July and shall end of the 30th day of June the following year.5.2. Books and Records. -- All final actions of the Commission shall be journalized, and such journals and other records of the Commission shall be open to public inspection at all reasonable times, except such information specifically exempted from disclosure by operation of law.5.3. Indemnification. -- The Commission shall, to the fullest extent allowed by law, indemnify and reimburse each present and future member, officer, employee or agent of the Commission against, and each such member, officer, employee or agent shall be entitled without further action on his or her part to indemnity from the Commission for, all expenses, including without limitation attorney fees, judgments, fines, taxes and penalties and interest thereon, and if the Commission determines that a settlement of any action, suit or proceeding is in the best interest of the Commission, all amounts paid in effecting such settlement, other than amounts paid to the Commission itself, reasonably incurred by him or her in connection with or arising out of any action, suit or proceeding in which he or she may be involved by reason of his or her being or having been a member, officer, employee or agent of the Commission; provided, however, that such indemnity shall not include any expenses incurred by any member, officer employee or agent with respect to matters as to which he or she shall be finally adjudged in any such action, suit or proceeding to have been guilty of or liable for gross negligence, willful misconduct or criminal acts in the performance of his or her duties for the Commission. The forgoing right of indemnification shall inure to the benefit of the heirs, executors or administrators of each such member, officer, employee or agent and shall be in addition to all other rights to which such member, officer, employee or agent may be entitled as a matter of law.5.5. Conflict of Interest. -- The Commission and each member of the Commission shall maintain constant vigilance against conflicts of interest, or the mere appearance of conflicts of interest.5.6. Committees. -- The Commission may delegate investigative or advisory authority to such committees as it shall see fit to establish. Committees shall be appointed by the Chairman, with the approval of the Commission. All members of a committee need not be members of the Commission, provided that a member of the Commission shall serve as Chairman of each committee. Committees shall report to the Commission, at such times as it shall require, and make recommendations on matters that the committees feel are expedient. Committees only have the authority to investigate, research, advise, and recommend. The authority to act on any matter lies with the Commission.