Idaho Code 67-9007 – Cochairs
Current as of: 2023 | Check for updates
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(1) The board of directors of the partnership shall have two (2) cochairs, one (1) elected by the partnership’s board of directors from among the board’s membership, and the other appointed by the governor. The cochair elected by the board of directors shall serve a two (2) year term, and may be reelected until a total of four (4) consecutive years have been served, following which that individual will be disqualified for election to the position of cochair until at least one (1) term of office has intervened.
(2) The duties of the cochairs shall be to:
(a) Set operating policies; and
(b) Manage the partnership budget and staff, including the hiring of an executive director, subject to approval by the board of directors.
Terms Used In Idaho Code 67-9007
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: means the Idaho rural development partnership established by section 67-9004, Idaho Code. See Idaho Code 67-9003