Section 6-631-A - Appointment(a) Appointment.--Not later than five days after a declaration of financial recovery status under section 621-A, the secretary shall appoint a chief recovery officer for the financial recovery school district. The chief recovery officer shall serve at the pleasure of the secretary. (b) Qualifications and prohibitions.-- (1) The chief recovery officer must be an individual who satisfies one of the following: (i) possesses at least five years' experience in one or more of the following areas: budget and financial management, public school finance, school administration, accounting, academic assessment or education law; (ii) holds a graduate degree from an accredited institution of higher education in business or finance and has at least four years' relevant experience in business, finance or management; or (iii) is the current business manager or financial officer of a school district in this Commonwealth. (2) The chief recovery officer may not be an elected or an appointed official or employee of the financial recovery school district for which he is appointed to serve as chief recovery officer; provided that the current business manager or financial officer of a financial recovery school district may serve as chief recovery officer for the financial recovery school district by which he is employed. (3) During the term of appointment as chief recovery officer and for the following two years, the chief recovery officer may not seek or hold elected office in the financial recovery school district for which the chief recovery officer was appointed or in any political subdivision located in the financial recovery school district. (c) Not subject to contractual competitive bidding procedures.--Notwithstanding any other provision of law to the contrary, the appointment of a chief recovery officer shall not be subject to contractual competitive bidding procedures. Added by P.L. 1142 2012 No. 141, § 10, eff. 7/12/2012.