Sec. 53A.14. BOARD OF DIRECTORS. (a) The authority shall be governed by a board of directors consisting of not less than 7 nor more than 11 members to be determined at the time of creating the authority. The directors shall be appointed by the governing body of the city or by the governing bodies of the cities, and they shall serve until their successors are appointed as provided by this section. If the authority includes more than one city, each governing body shall appoint an equal number of directors unless otherwise agreed by the cities.
(b) The members of the board serve for two-year terms.
(c) Directors are not entitled to compensation for services but are entitled to reimbursement for expenses incurred in performing such service.
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff. September 1, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 849 (S.B. 2240), Sec. 4, eff. June 19, 2009.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 53A - Higher Education Facility Authorities for Private Schools
Subchapter B. Administrative Provisions
Section 53A.11. Creation of Authority
Section 53A.13. Corporate Powers
Section 53A.131. Authority's Earnings
Section 53A.14. Board of Directors
Section 53A.15. Organization of Board; Quorum; Employees; Counsel