Public Finance

CHAPTER 35-8.1
Refunding Bond Authority

SECTION 35-8.1-6

§ 35-8.1-6. Compensation and expenses of members – Effect of membership on state office or employment.

The members of the authority shall serve without compensation, but the authority shall reimburse them for actual expenses necessarily incurred in the discharge of their duties. Notwithstanding any other law, an officer or employee of the state shall not be deemed to have forfeited or shall forfeit his or her office or employment or any benefits thereof by reason of acceptance of the office of member of the authority.

History of Section.
(P.L. 1987, ch. 12, § 1.)