(a) (1) The Board consists of 14 trustees. (2) The nonvoting trustees are: (i) the Secretary; (ii) a member of the House of Delegates, appointed by the Speaker of the House; and (iii) a member of the Senate, appointed by the President of the Senate. (3) With the advice and consent of the Senate, the Governor shall appoint 11 voting trustees, consisting of: (i) four representatives of the public; and (ii) one representative of each of the following: 1. title companies doing business in the State; 2. financial institutions doing business in the State; 3. political subdivisions; 4. nonprofit housing developers; 5. for profit housing developers; 6. public housing authorities; and 7. social services providers. (b) In appointing trustees, the Governor shall consider geographic representation. (c) Service as a trustee is not a State office or State employment for purposes of any prohibition against holding two public positions. (d) (1) The term of a voting trustee is 4 years. (2) The terms of voting trustees are staggered as required by the terms provided for voting trustees on October 1, 2005. (3) At the end of a term, a voting trustee continues to serve until a successor is appointed and qualifies. (4) A voting trustee who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.
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