Section 11-13a-103 - Governance - Powers of governing body(1) A governing board shall manage and direct the business and affairs of a governmental nonprofit corporation.(2) Each member of a governing board has and owes a fiduciary duty to the governmental nonprofit corporation.(3) A governing board: (a) shall elect a chair from the members of the board; and(b) subject to Subsection (4), may elect other officers as the board considers appropriate.(4)(a) One person may not hold, at the same time, the offices of chair and treasurer, chair and clerk, or treasurer and clerk.(b) An officer serves at the pleasure of the governing board.(c) The governing board may designate a set term for each office.Added by Chapter 441, 2017 General Session ,§ 4, eff. 5/9/2017.