(a) All functions and powers of the Authority shall be vested in and be exercised by and under the direction of a Board of Directors composed of three (3) members, appointed by the Consolidated Commission on Utilities from among its members. Members of the Board shall serve for a term of four (4) years or the balance of their terms on the CCU. Members of the Board shall elect a member of the Board to serve as Chairperson.

(b) The Board shall be responsible for the management, administration, policies and direction of the Authority and shall exercise supervision through the Administrator.

(c) The Board shall meet in regular session at least once each month, and in special session as often as it may deem necessary.

(d) A majority of the Board shall constitute a quorum for the transaction of business. The Board shall act by the vote of at least two (2) of its members.

COL10312014
12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 82 GUAM STREETLIGHT AUTHORITY

(e) The Directors shall receive no salary for their services on the
Board.