Section 64103 Of Division 3. California Transportation Financing Authority From California Government Code >> Division 3. >> Title 6.7.
64103
. (a) The authority shall consist of seven members, as
follows:
(1) The Treasurer, who shall serve as the chair of the authority.
(2) The Director of Finance.
(3) The Controller.
(4) The Director of Transportation.
(5) The executive director of the commission.
(6) A local agency representative appointed by the Senate
Committee on Rules.
(7) A local agency representative appointed by the Speaker of the
Assembly.
(b) Members of the authority shall serve without compensation, but
the authority may reimburse its members for necessary expenses
incurred in the discharge of their duties.
(c) The Director of Finance may designate an employee of the
Department of Finance to act for him or her at all meetings of the
authority.
(d) The director of the department may designate an employee of
the department to act for him or her at all meetings of the
authority.
(e) The executive director of the commission may designate an
employee of the commission to act for him or her at all meetings of
the authority.
(f) The chair of the authority shall appoint an executive
director. The offices of the authority shall be located in the office
of the Treasurer. The authority may, by resolution, delegate to one
or more of its members or its executive director or any employee of
the authority such powers and duties that it may deem proper,
including, but not limited to, the power to enter into contracts on
behalf of the authority.
(g) Four members of the authority shall constitute a quorum. The
affirmative vote of a majority of the members present at a duly
constituted meeting of the authority shall be necessary for any
action taken by the authority. Additionally, the authority may not
take any action unless a quorum is present at the time of the vote.