Utah Code 53D-1-503. Process of nominating candidates for board membership

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53D-1-503. Process of nominating candidates for board membership.

(1)	The nominating committee shall nominate at least two candidates for each position or vacancy on the board.

Terms Used In Utah Code 53D-1-503

Board: means the board of trustees established in Section 53D-1-301. See Utah Code 53D-1-102
Nominating committee: means the committee established under Section 53D-1-501. See Utah Code 53D-1-102
Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5

(2)

The nominating committee shall:

(a)	nominate candidates who meet the criteria stated in Subsection 53D-1-301(3); and

(b)	consider the character and reputation of candidates the nominating committee nominates.

(3)	If the state treasurer considers the candidates nominated under Subsection (1) to be unacceptable, the state treasurer may request the nominating committee to nominate at least two other candidates per appointment.

(4)	As many times as the state treasurer considers candidates nominated by the nominating committee to be unacceptable under Subsection (3), the nominating committee shall follow the process described in Subsections (1) and (2) until the state treasurer appoints a candidate.

Enacted by Chapter 426, 2014 General Session

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