(a) The Board of Directors of the Authority shall consist of nine (9) directors, including the governor or his designee, the state treasurer or her designee, and seven (7) directors appointed by the governor with the advice and consent of the senate, not more than four (4) of whom shall be of the same political party.
(b) The Board shall select one of its members to serve as chairman and one of its members to serve as treasurer.
(c) The Board shall determine the date, time, and place, of its regular meetings. Notice shall be given 10 days prior to its meeting in a newspaper of statewide circulation.
(d) A majority of the Board constitutes a quorum; all decisions must be decided by a majority vote of the members of the Board.
(e) If two-thirds (2/3) of the members determine an emergency exists, the Board may take action by conference telephone.
054-1 Wyo. Code R. § 1-4
Adopted, Eff. 7/7/2004.