Section 10-B3501. BOARD OF DIRECTORS

 

3501.1General policies governing the operations of the Agency shall be determined by the Board of Directors.

 

3501.2 Each member shall hold office for the term for which he or she is appointed, unless he or she is removed in accordance with the law.

 

3501.3 The Chairperson and Vice-Chairperson may be chosen by the Board at any meeting of the Board from among the members, and their tenure shall commence immediately and continue until the next succeeding annual meeting of the Board or until their successors are chosen, whichever first occurs.

 

3501.4 The Chairperson, and in his or her absence the Vice-Chairperson, shall be the presiding officer at all meetings of the Board of Directors. The Chairperson shall also have such powers and perform other duties as the Board of Directors may prescribe.

 

3501.5 In the absence of both the Chairperson and Vice Chairperson, the member of the Board who has the longest tenure of all other members of the Board present at the meeting shall preside.

 

 

authority

Section 306 of the District of Columbia Housing Finance Agency Act of 1979, effective March 3, 1979, (D.C. Law 2-135; D.C. Official Code § 42-2703.06 (2012 Repl.)) (Act), and 10-B DCMR § 3508.1.

source

Final Rulemaking published at 28 DCR 902 (February 27, 1981), incorporating text of Proposed Rulemaking published at 27 DCR 4824 (October 31, 1980); as amended by Final Rulemaking published at 30 DCR 5428 (October 21, 1983); as amended by Final Rulemaking published at 61 DCR 4156 (April 25, 2014).