N.M. Code R. § 18.61.3.14
Current through Register Vol. 35, No. 11, June 11, 2024
Section 18.61.3.14 - MEMBERSHIPA. Assuming office. A person may become a member of the board only by appointment or on an ex-officio basis. The board shall consist of seven voting and two nonvoting members, six of whom shall be appointed by the governor with the consent of the senate, provided that one of the appointed members shall be a resident of Sierra county. No more than three appointed members shall belong to the same political party. The seventh member shall be the secretary of economic development or the secretary's designee. The lieutenant governor shall serve as a nonvoting ex-officio member. The executive director of the authority shall serve as a nonvoting member.B. Vacancies. If a vacancy occurs among the appointed voting members of the board, the governor shall appoint a replacement to serve out the term of the former member. If an appointed member's term expires, the member shall continue to serve until the member is reappointed or another person is appointed and confirmed by the senate to replace the member.C. Qualification and term. The members appointed by the governor shall be residents of the state and shall serve for terms of four years, except for the initial appointees who shall be appointed so that the terms are staggered after initial appointment. Initial appointees shall serve terms as follows: two members for two years, two members for three years and two members for four years.D. The secretary of economic development or the secretary's designee shall serve as the chairperson of the board (the chair).E. The members of the board shall not be compensated for their services but may be reimbursed by the agency for reasonable and necessary expenses actually incurred for the benefit of the agency, upon presentation of proper documentation.N.M. Code R. § 18.61.3.14
Adopted by New Mexico Register, Volume XXXIV, Issue 14, July 31, 2023, eff. 7/31/2023