Vermont § 3852 - Vermont Educational and Health Buildings Financing Agency; creation; members

§ 3852. Vermont Educational and Health Buildings Financing Agency; creation; members

• (a) A board of 13 members known as the Vermont Educational and Health Buildings Financing
  Agency is created. It is a body corporate and politic constituting a public instrumentality
  of the State. The State Treasurer or his or her designee and the Secretaries of Education,
  of Human Services, and of Administration shall be members ex officio. The Governor,
  with the advice and consent of the Senate, shall appoint seven members for six-year
  terms. The members appointed by the Governor shall appoint two additional members
  whose term of office shall be two years. (b) The Board shall select its chair and a vice chair, a treasurer, and a secretary.
  The term of the Chair, Vice Chair, Treasurer, and Secretary shall be one year, and
  they shall be elected at the first meeting of the Board each fiscal year. All members
  of the Board, except those ex officio, shall be entitled to reimbursement of their
  necessary expenses incurred in the performance of their official duties and also to
  per diem compensation for their services subject to approval of the Governor. (c) [Repealed.] (d) Notwithstanding any general or special law to the contrary, the provisions of 8 V.S.A.
  chapter 73 shall not apply to the Agency or to any loan made by the Agency in accordance
  with this title before or after February 14, 2014. (Added 1966, No. 56 (Sp. Sess.), § 3, eff. March 12, 1966; amended 1969, No. 224 (Adj. Sess.), § 10, eff. March 31, 1970; 1971, No. 67, § 3, eff. April 15, 1971; 1987, No. 203 (Adj. Sess.), § 21 eff. May 27, 1988; 2011, No. 40, § 53, eff. May 20, 2011; 2013, No. 92 (Adj. Sess.), § 230, eff. Feb. 14, 2014; 2021, No. 20, § 68.)