§ 1003. Trustees. The authority shall consist of seven trustees, five\nof whom shall serve respectively for terms of one, two, three, four and\nfive years, to be appointed by the governor, by and with the advice and\nconsent of the senate. The sixth and seventh trustees shall be appointed\nby the governor, by and with the advice and consent of the senate, and\nshall serve initial terms of one and two years respectively. Each\ntrustee shall hold office until a successor has been appointed and\nqualified. At the expiration of the term of each trustee and of each\nsucceeding trustee the governor shall, by and with the advice and\nconsent of the senate, appoint a successor, who shall hold office for a\nterm of five years, or until a successor has been appointed and\nqualified. In the event of a vacancy occurring in the office of the\ntrustee by death, resignation or otherwise, the governor shall, by and\nwith the advice and consent of the senate, appoint a successor, who\nshall hold office for the unexpired term. Four trustees shall constitute\na quorum for the purpose of organizing the authority and conducting the\nbusiness thereof.\n The trustee chosen as chairman as provided in section one thousand\nfour of this title, shall receive an annual salary which shall be set by\nthe trustees of the authority, and which shall not exceed the salary\nprescribed for the positions listed in paragraph (f) of subdivision one\nof section one hundred sixty-nine of the executive law. Each other\ntrustee shall not receive a salary or other compensation. Each trustee\nshall receive his or her reasonable expenses in the performance of his\nor her duties hereunder. The trustee chosen as chairman may elect to\nbecome a member of the New York state and local employees' retirement\nsystem on the basis of such compensation to which he or she shall be\nentitled as herein provided notwithstanding the provisions of any\ngeneral, special or local law, municipal charter, or ordinance.\n
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