Alaska Statutes (Last Updated: January 11, 2017) |
Title 37. PUBLIC FINANCE. |
Chapter 37.13. ALASKA PERMANENT FUND AND CORPORATION. |
Article 37.13.01. ALASKA PERMANENT FUND. |
Section 37.13.070. Removal and vacancies.
Latest version.
-
(a) The governor may remove a public member of the board from office only for cause. A removal by the governor must be in writing and must state the reason for the removal. A member who is removed by the governor may not participate in board business and may not be counted for purposes of establishing a quorum after the member receives written notice of removal from the governor.
(b) A vacancy on the board shall be promptly filled by appointment by the governor. An appointee to a vacancy shall hold office for the balance of the term for which the appointee's predecessor on the board was appointed.
(c) A vacancy on the board does not impair the authority of a quorum of the board to exercise all the powers and perform all the duties of the board.
Notes
History
(Sec. 5 ch 18 SLA 1980; am Sec. 3 ch 81 SLA 1982; am Sec. 1 ch 75 SLA 2004)