ENROLLED
H. B. 2293
(By Delegates Jenkins, Hubbard, Campbell,
Smith, Williams, Hall and Harrison)
[Passed February 16, 1999; in effect from passage.]
AN ACT to amend and reenact section three, article ten-d, chapter
five of the code of West Virginia, one thousand nine hundred
thirty-one, as amended, relating to changing the number
which constitutes a quorum for the consolidated retirement
board.
Be it enacted by the Legislature of West Virginia:
That section three, article ten-d, chapter five of the code
of West Virginia, one thousand nine hundred thirty-one, as
amended, be amended and reenacted to read as follows:
ARTICLE 10D. CONSOLIDATED PUBLIC RETIREMENT BOARD.
§5-10D-3. Board meetings; quorum; vote; proceedings;
compensation.
(a) The board shall hold a meeting at least once each three
months, and shall designate the time and place thereof. Seven voting trustees constitute a quorum at any meeting of the board.
Each member is entitled to one vote on each question before the
board. The board shall adopt its own rules of procedure and
shall keep a record of its proceedings. All meetings of the
board shall be public.
(b) The members shall serve as members without compensation
for their services as such:
Provided, That each member shall be
reimbursed, upon approval of the board, for any necessary
expenses actually incurred by him or her in carrying out his or
her duties. No public employee member may suffer any loss of
salary or wages on account of his or her service as trustee.