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Texas Utilities Code - Section 163.059. Board Of Directors

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§ 163.059. BOARD OF DIRECTORS.  (a) The agency shall be 
governed by a board of directors.  The board is responsible for the 
management, operation, and control of the property belonging to the 
agency.
	(b)  The board must include at least four directors.  Each 
director must be appointed by place by the governing bodies of the 
participating public entities.  Each participating public entity is 
entitled to appoint at least one director.
	(c)  Directors must serve staggered terms.  Successor 
directors are appointed in the same manner as the original 
appointees.
	(d)  To qualify to serve as a director, a person must be a 
qualified voter and reside in the boundaries of the appointing 
public entity when the person takes the constitutional oath of 
office.
	(e)  An employee, officer, or member of the governing body of 
a public entity may serve as a director but may not have a personal 
interest in a contract executed by the agency other than as an 
employee, officer, or member of the governing body of the public 
entity.
	(f)  Directors serve without compensation.                                     

Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.                    

Last modified: August 10, 2007