Section 24-9-5 Alabama Land Bank Authority Board.
Section 24-9-5
Alabama Land Bank Authority Board.
(a) There is created the Alabama Land Bank Authority Board which shall govern the authority to administer and enforce this chapter.
(b) The board shall consist of the following members:
(1) Four residents of the state appointed by the Governor.
(2) Two representatives from nonprofit organizations engaged in low-income housing appointed by the Governor.
(3) The Lieutenant Governor or his or her designee.
(4) The Speaker of the House of Representatives or his or her designee.
(5) The Chair of the Senate Finance and Taxation, General Fund Committee or his or her designee.
(6) The Chair of the House Government Appropriations Committee or his or her designee.
(7) The State Revenue Commissioner or his or her designee.
(8) The Superintendent of the State Banking Department or his or her designee.
(9) The Director of the Alabama Department of Economic and Community Affairs or his or her designee.
(10) The Director of the Alabama Development Office or his or her designee.
(11) The Finance Director or his or her designee.
(12) The Chair of the Alabama Housing Finance Authority or his or her designee.
(c) The members of the board shall serve four year terms. In appointing the initial members of the board under subdivision (1) of subsection (b), the Governor shall designate two to serve four years, one to serve three years, and one to serve two years.
(d) Members of the board shall receive reimbursement for expenses incurred in the performance of their duties.
(e) The board may employ the necessary personnel for the performance of its functions and fix their compensation.
(f) The board shall elect from its membership a chair, vice chair, and secretary-treasurer. The board shall adopt rules to govern its proceedings. A majority of the membership of the board shall constitute a quorum for all meetings.
(g) The membership of the board shall be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity of the state.
(h) The board, when acting in its official capacity, and the authority shall be immune from civil liability against the claims of any individual or other entity of any nature whatsoever arising out of its ownership or administration of properties or related to its decisions or actions, which decisions or actions were made in good faith, without malice, and predicated upon information which was then available to the board.
(Act 2009-738, §5.)