A. The Treasury Board (the Board) is established as a policy board, within the meaning of § 2.2-2100, in the executive branch of state government. The Board shall consist of seven members to be appointed as follows: four members to be appointed by the Governor, subject to confirmation by the General Assembly, who shall serve at the pleasure of the Governor; the State Treasurer, the Comptroller, and the Tax Commissioner. The members appointed by the Governor should have a background and experience in financial management and investments. The State Treasurer, the Comptroller, and the Tax Commissioner shall serve terms coincident with their terms of office. Vacancies shall be filled in the manner of the original appointment.
B. The State Treasurer shall act as the chairman, and the Board shall elect a secretary who need not be a member of the Board. The Board shall have regularly scheduled meetings at least six times per year and shall keep a regular and sufficient set of books, which include a record of all of their proceedings and any action taken by them with respect to any funds which by any provision of law are required to be administered by the Treasury Board. Four members of the Board shall constitute a quorum.
C. Members of the Board appointed by the Governor shall receive reimbursement for all reasonable and necessary expenses incurred in the discharge of their duties as provided in § 2.2-2813.
Code 1950, § 2-149.1; 1966, c. 677, § 2.1-178; 1979, c. 215; 1984, c. 720; 1987, c. 601; 2001, c. 844; 2016, cc. 36, 72.
Structure Code of Virginia
Title 2.2 - Administration of Government
§ 2.2-2401. Works of art accepted by Governor; approval by Board; meaning of "work of art."
§ 2.2-2415. Treasury Board membership; chairman; quorum; reimbursement for expenses
§ 2.2-2416. Powers and duties of Treasury Board
§ 2.2-2418. Use of bond anticipation notes by the Treasury Board
§ 2.2-2419. Issuance of refunding bonds by the Treasury Board
§ 2.2-2420. Combined issuance of general obligation debt by the Treasury Board
§ 2.2-2448. Virginia-Asian Advisory Board established; purpose
§ 2.2-2449. Membership; terms; vacancies; chairman
§ 2.2-2450. Powers and duties of the Board
§ 2.2-2451. Staff; cooperation from other state agencies
§ 2.2-2452. Board of Veterans Services; membership; terms; quorum; compensation; staff
§ 2.2-2453. Compensation; expenses
§ 2.2-2454. Powers and duties of Board
§ 2.2-2456. Duties of the Charitable Gaming Board
§ 2.2-2459. Latino Advisory Board; membership; terms; compensation and expenses
§ 2.2-2460. Powers and duties; acceptance of gifts and grants
§ 2.2-2461. Staff; cooperation from other state agencies
§ 2.2-2471.1. Secretary of Labor; staff support
§ 2.2-2472. Powers and duties of the Board; Virginia Workforce System created
§ 2.2-2472.3. Strategy for career pathways for opportunity youth
§ 2.2-2473. Regional workforce training centers
§ 2.2-2474. Authorization of facilities use and equipment rental; fees
§ 2.2-2476. Workforce Training Access Program and Fund
§ 2.2-2477. Virginia Career Readiness Certificate Program
§ 2.2-2478. Advisory Board on Service and Volunteerism; purpose
§ 2.2-2479. Membership; terms; quorum; meetings
§ 2.2-2480. Compensation; expenses
§ 2.2-2481. Powers and duties of the Board
§ 2.2-2485. Virginia Growth and Opportunity Board; membership; terms; compensation
§ 2.2-2486. Powers and duties of the Board
§ 2.2-2487. Virginia Growth and Opportunity Fund
§ 2.2-2488. Formation of regional councils
§ 2.2-2489. Award of grants to regional councils
§ 2.2-2491. The Virginia African American Advisory Board
§ 2.2-2492. Membership; terms; quorum; meetings
§ 2.2-2493. Compensation; expenses
§ 2.2-2494. Powers and duties of the Board
§ 2.2-2496. Office of New Americans Advisory Board
§ 2.2-2497. Membership; terms; compensation and expenses
§ 2.2-2498. Powers and duties; acceptance of gifts and grants
§ 2.2-2499. Staff; cooperation from other state agencies
§ 2.2-2499.1. Virginia LGBTQ+ Advisory Board; membership; terms; quorum; meetings
§ 2.2-2499.2. Compensation; expenses
§ 2.2-2499.3. Powers and duties of the Board; report
§ 2.2-2499.5. Cannabis Equity Reinvestment Board; purpose; membership; quorum; meetings
§ 2.2-2499.6. Compensation; expenses