Section 50901.  


Latest version.
  • The agency shall be administered by a board of directors consisting of 11 voting members, including a chairperson selected by the Governor from among his or her appointees. The Treasurer, the Secretary of Business, Consumer Services, and Housing, and the Director of Housing and Community Development, or their designees, shall be members, in addition to six members appointed by the Governor, one member appointed by the Speaker of the Assembly, and one member appointed by the Senate Committee on Rules. The Director of Finance, the Director of Planning and Research, and the executive director of the agency shall serve as nonvoting ex officio members of the board.

(Amended by Stats. 2012, Ch. 147, Sec. 21. Effective January 1, 2013. Operative July 1, 2013, by Sec. 23 of Ch. 147. Superseded on January 1, 2014; see amendment by Stats. 2013, Ch. 82.)