(1) The power and authority given to the Oregon International Port of Coos Bay is vested in and shall be exercised by a board of five commissioners. The board may exercise such powers, at regular or special meetings, as is usual and customary with similar bodies.

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(2) The port may own, operate, repair and maintain the Coos Bay rail link. [1987 c.565 § 4; 2011 c.437 § 2]