53A-20b-103 - State Charter School Finance Authority created -- Members -- Compensation -- Services.
53A-20b-103. State Charter School Finance Authority created -- Members --Compensation -- Services.
(1) There is created a body politic and corporate known as the State Charter SchoolFinance Authority. The authority is created to provide an efficient and cost-effective method offinancing charter school facilities.
(2) The governing board of the authority shall be composed of:
(a) the governor or the governor's designee;
(b) the state treasurer; and
(c) the state superintendent of public instruction or the state superintendent's designee.
(3) A member may not receive compensation or benefits for the member's service, butmay receive per diem and travel expenses in accordance with:
(a) Section 63A-3-106;
(b) Section 63A-3-107; and
(c) rules made by the Division of Finance pursuant to Sections 63A-3-106 and63A-3-107.
(4) Upon request, the State Board of Education shall provide staff support to theauthority.
Amended by Chapter 286, 2010 General Session