67-1203A. BOARD — APPOINTMENT OF MEMBERS — TERM — REMOVAL — VACANCIES — ORGANIZATION — QUORUM — MEETINGS — COMPENSATION. (1) The members of the board appointed by the governor shall serve for terms of four (4) years, provided that for the first term the governor shall appoint three (3) members who shall serve for a term of two (2) years, and two (2) members who shall serve for a term of four (4) years. Members of the board shall serve until their successors have been selected and qualified.
(2) A member of the board appointed by the governor shall not hold an office, position or employment in a political party. An appointed member may be removed from the board for cause by a two-thirds (2/3) vote of the full board. A vacancy in the appointive membership of the board during a term thereof shall be filled by appointment by the governor for the unexpired term. A majority of the members of the board shall constitute a quorum for the transaction of business. The meetings of the board shall be held at least quarterly and at other times upon the call of the chairman or a majority of the board. The board members appointed hereunder shall be compensated as provided by section 59-509(n), Idaho Code.
History:
[67-1203A, added 2014, ch. 130, sec. 1, p. 363.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Section 67-1201 - DUTIES OF TREASURER.
Section 67-1202 - FUNDS OF STATE BOARD OF LAND COMMISSIONERS.
Section 67-1203B - RECOMMENDATION OF THE TYPES AND KINDS OF INVESTMENTS.
Section 67-1204 - MONEY TO BE KEPT IN OFFICE — PENALTY.
Section 67-1205 - GENERAL FUND DEFINED — PAYMENT OF INTEREST.
Section 67-1206 - TRANSFERS OF BALANCES IN FUNDS.
Section 67-1207 - TEMPORARY DIVERSION OF REVENUES TO CEASE ON ACCOMPLISHMENT OF PURPOSE.
Section 67-1209 - SUSPENSE FUND.
Section 67-1210 - INVESTMENT OF IDLE MONEYS.
Section 67-1210A - ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER.
Section 67-1210B - ABILITY TO CONTINUE TO INVEST.
Section 67-1211 - PAYMENT OF WARRANTS.
Section 67-1212 - UNPAID WARRANTS — INTEREST — RECORD.
Section 67-1213 - REFUSAL TO PAY WARRANTS — PENALTY — CANCELLATION.
Section 67-1214 - DELIVERY OF BONDS SOLD OUTSIDE STATE.
Section 67-1215 - NOTICE OF CALL OF WARRANTS.
Section 67-1216 - INSPECTION OF TREASURER’S OFFICE.
Section 67-1217 - TREASURER’S OFFICE — INSPECTION BY GOVERNOR.
Section 67-1218 - SEAL OF OFFICE — CERTIFIED COPIES OF DOCUMENTS AS EVIDENCE.
Section 67-1220 - OFFICIAL BOND.
Section 67-1221 - FISCAL AGENCY IN NEW YORK CITY.
Section 67-1223 - IDAHO COMMEMORATIVE SILVER MEDALLIONS ISSUED BY THE STATE TREASURER.
Section 67-1225 - POWERS AND DUTIES OF CREDIT RATING ENHANCEMENT COMMITTEE.
Section 67-1226 - LOCAL GOVERNMENT INVESTMENT POOL.
Section 67-1227 - INVESTMENT AT REQUEST OF STATE AGENCY.