(a) The members of the Board shall be citizens of the United States of America and residents of Puerto Rico. Of its five (5) members, one (1) shall be a professional with knowledge and broad experience in corporate finances; one (1) shall be a lawyer, or an engineer with at least seven (7) years of experience practicing such profession in Puerto Rico, which shall include professional experience in the field of telecommunications; and the remaining three (3) shall have broad, recognized experience in the telecommunications industry. The members shall not have a direct or indirect interest in, or any contractual relationship with the telecommunications companies subject to the jurisdiction of the Board, or in entities in or outside of Puerto Rico affiliated to, or having interests in said telecommunications companies. No member of the Board shall intervene in an issue or controversy in which a party thereto is a natural or juridical person with whom said member has had any contractual, professional, labor or trustee relation during two (2) years prior to his appointment. Neither shall any member, once he/she has ceased functions in the Board represent any person or entity before the Board with regard to any matter in which he/she participated while in the service of the Board and for two (2) years following his/her separation from said office when having to do with any other matter. The activities of the members during and after the expiration of their terms shall be subject to the restrictions provided in the Puerto Rico Government Ethics Act of 2011, §§ 1854 et seq. of Title 3.
(b) Without impairment to the power of the Governor to remove or replace the Chairperson of the Board, the members of the Board shall be appointed for a fixed term of four (4) years as of the date of said appointment. Any person chosen to fill a vacancy shall be appointed only for the remainder of the unexpired term of the member he/she succeeds. Upon the expiration of the term of any member, he/she shall continue to hold office until his successor is appointed and takes office.
History —Sept. 12, 1996, No. 213, § II-3; Apr. 26, 2013, No. 11, § 2.