American Samoa § 15.0103 - Board of Directors of the Authority.

§ 15.0103. Board of Directors of the Authority.

(a) The Authority is governed by a Board of 5 Directors, appointed by the Governor and confirmed by the Legislature. At least 2 of the Directors shall be experienced in the management of electric utilities, at least one shall have a financial background, and at least one shall have a legal background. No fewer than 2 Directors shall be from outside American Samoa. (b) The first Director appointed is appointed to a term expiring on 30 June 1982. The second Director is appointed to a term expiring on 30 June 1983. The third Director is appointed to a term expiring on 30 June 1984. The fourth and fifth Directors are appointed to terms expiring on 30 June 1985. All subsequent appointments are for 4-year terms, or for the unexpired portion of a term. Recess appointments may be made to fill vacancies caused by death, resignation, or removal for cause if the vacancy occurs while the Legislature is not in session. Recess appointments expire at the conclusion of the next following regular or special session of the Legislature if they are not confirmed during that session. Incumbents may continue to serve after the expiration of a term until a successor is appointed and confirmed. The Governor designates the chairman annually from among the membership of the Board of Directors, and the Board selects its vice-chairman. Currently incumbent Directors under the executive ordered authority may be reappointed. (c) The Board of Directors shall meet at least 4 times per year. A quorum is 3 Directors, at least one of whom is experienced in the management of electric utilities and one of whom is from outside American Samoa. (d) Compensation is at a rate of $5,000 per year for directors and $6,000 per year for the chairman. Travel, lodging and meal expenses will be provided for outside directors.