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Maine Revised Statutes Title 10. Commerce and Trade § 373. Board

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Establishment; membership. There is established the Kim Wallace Adaptive Equipment Loan Program Fund Board that consists of 9 members as follows: the Director of the Bureau of Rehabilitation Services or the director's designee; the Treasurer of State or the Treasurer of State's designee; an experienced consumer lender; a certified public accountant; and 5 persons with a range of disabilities, all nondesignated members to be appointed by the Governor. The board shall annually elect a chair from among its members.

2. Terms. The members appointed by the Governor serve for terms of 4 years. All other members serve during their tenure in the position that they represent on the board. Any vacancy is filled in the same manner as the original appointment for the unexpired term of that position. Members appointed by the Governor upon completion of the terms of the initial members are appointed as follows:

A. One member for one year;

B. Two members for 2 years;

C. Two members for 3 years; and

D. Two members for 4 years.

Thereafter, the terms of office of members appointed by the Governor are for 4 years.

3. Compensation. Members shall be compensated according to Title 5, chapter 379.  1

1 5 M.R.S.A. § 12001 et seq.
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Cite this article: FindLaw.com - Maine Revised Statutes Title 10. Commerce and Trade § 373. Board - last updated January 01, 2025 | https://codes.findlaw.com/me/title-10-commerce-and-trade/me-rev-st-tit-10-sect-373/

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