Adds the Chief Executive Officer of the Retirement System Investment Commission as an ex officio member of the South Carolina State Ports Authority.
This bill amends the South Carolina Code to include the Chief Executive Officer of the Retirement System Investment Commission as an ex officio member of the South Carolina State Ports Authority board. Ex officio members, except the Chief Executive Officer, will serve two-year terms and may be excluded from executive sessions if a conflict of interest exists. The Chief Executive Officer will not be counted for quorum purposes. The bill also modifies the qualifications and terms of service for other ex officio members.
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