Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 701B.990. Board of Directors: Creation; appointment; qualifications; terms; election of Chair; meetings; quorum; adoption of rules; allowances and expenses of members

1. There is hereby created the Board of Directors of the Nevada Clean Energy Fund, consisting of the following nine members:

2. The members appointed to the Board pursuant to paragraphs (e) to (i), inclusive, of subsection 1 should have expertise in matters relating to renewable energy, economic development, banking, law, finance or other matters relevant to the work of the Board. When appointing a member to the Board, consideration must be given to whether the members appointed to the Board reflect the ethnic and geographical diversity of this State.

3. The term of each member of the Board appointed pursuant to paragraphs (e) to (i), inclusive, of subsection 1 is 3 years. A member may be reappointed for additional terms of 3 years in the same manner as the original appointment. A vacancy occurring in the membership of the Board must be filled in the same manner as the original appointment.

4. The Board shall annually elect a Chair from among its members.

5. The Board shall meet regularly at least semiannually and may meet at other times upon the call of the Chair. Any five members of the Committee constitute a quorum for the purpose of voting. A majority vote of the quorum is required to take action with respect to any matter.

6. The Board shall adopt rules for its own management and government.

7. While engaged in the business of the Board, each member of the Board is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.