Oklahoma § 19-952.1 - Board of trustees

§ 19-952.1. Board of trustees

A. The board of trustees shall be composed of nine (9) members

as follows:

1. One member shall be the county treasurer who shall be the

treasurer of the board of trustees;

2. One member shall be the county clerk who shall be the clerk

of the board of trustees;

3. One member shall be the chair of the board of county

commissioners;

4. Four members to be elected by the employees of said county,

provided in counties with a population in excess of five hundred

thousand (500,000) according to the latest Federal Decennial Census,

one of the four members shall be a retired member of the system.

Retired members and beneficiaries of the system shall be allowed to

vote in the election in which their representative is elected; and

5. Two members to be appointed by the chair of the board of

county commissioners subject to the approval of a majority of the

board of county commissioners. If said appointees are not elected

officials, employees of the county or participants in the retirement

system, they may be compensated at the rate of Fifty Dollars

($50.00) per retirement board meeting attended.

B. 1. The terms of office of the members appointed to the

board of trustees by the employees of said county who are members of

the board of trustees on the effective date of this act shall expire

on July 1, 1990. The members appointed or elected to fill the

positions that expire July 1, 1990, shall serve initial terms of

office as follows:

a.

the term of office of one of the members elected by

the employees of said county shall expire July 1,

1991,

Oklahoma Statutes - Title 19. Counties and County Officers

b.

the term of office of one of the members elected by

the employees of said county shall expire July 1,

1992,

c.

the term of office of one of the members elected by

the employees of said county shall expire July 1,

1993, and

d.

the term of office of one of the members elected by

the employees of said county shall expire July 1,

1994.

Thereafter, the terms of office of the members of the board of

trustees appointed by the employees of said county shall be three

(3) years.

2. The initial terms of office of the members appointed by the

chair of the board of county commissioners subject to the approval

of a majority of the board of county commissioners shall expire as

follows:

a.

the term of office of one of the members appointed by

the chair of the board of county commissioners subject

to the approval of a majority of the board of county

commissioners shall expire July 1, 1991, and

b.

the term of office of one of the members appointed by

the chair of the board of county commissioners subject

to the approval of a majority of the board of county

commissioners shall expire July 1, 1993.

Thereafter, the terms of office of the members of the board of

trustees appointed by the chair of the board of county commissioners

subject to the approval of a majority of the board of county

commissioners shall be four (4) years.

3. Vacancies shall be filled for the unexpired term of office

in the same manner as the original appointment was made.

C. Those members appointed by the chair of the board of county

commissioners subject to the approval of a majority of the board of

county commissioners shall:

1. Have demonstrated professional experience in investment or

funds management, public funds management, public or private pension

fund management or retirement system management; or

2. Have demonstrated experience in the banking profession and

have demonstrated professional experience in investment or fund

management; or

3. Be licensed to practice law in this state and have

demonstrated professional experience in commercial matters; or

4. Be licensed by the Oklahoma State Board of Public

Accountancy to practice in this state as a public accountant or a

certified public accountant.

The appointing authorities, in making appointments that conform to

the requirements of this subsection, shall give due consideration to

Oklahoma Statutes - Title 19. Counties and County Officers

balancing the appointments among the criteria specified in

paragraphs 1 through 4 of this subsection.

D. Except for the retired member of the system, an elected

member shall cease to be a member of the board of trustees when such

member is no longer employed by the county. Upon such termination

of employment, an election shall be held within ninety (90) days of

such termination of board membership in order to replace such

employee as a member of the board of trustees.

E. Notwithstanding any of the provisions of this section to the

contrary, any person serving as an appointed member of the board of

trustees on the effective date of this act shall be eligible for

reappointment when the term of office of the member expires.

Added by Laws 1989, c. 124, § 2, eff. July 1, 1989. Amended by Laws

1989, c. 348, § 6, eff. Nov. 1, 1989; Laws 1992, c. 256, § 1, eff.

July 1, 1992; Laws 2003, c. 109, § 1, eff. Nov. 1, 2003; Laws 2003,

c. 359, § 1, eff. July 1, 2003.