Sec. 11. (a) A member of the board appointed under section 9 of this chapter serves a term of four (4) years.

     (b) The agreement establishing the authority under this chapter must provide:

(1) that the terms of the initial members appointed under section 9 of this chapter expire after one (1), two (2), three (3), or four (4) years; and

(2) for approximately twenty-five percent (25%) of the terms of the initial members appointed under section 9 of this chapter to expire in each of the first four (4) years that the agreement is in effect.

As added by P.L.346-1989(ss), SEC.7. Amended by P.L.86-1999, SEC.11.