§88-24  Composition of board.  The boardof trustees shall consist of eight members as follows:

(1)  The director of finance of the State, ex officio;

(2)  Four members of the system, two of whom shall begeneral employees, one of whom shall be a teacher, and one of whom shall be aretirant to be elected by the members and retirants of the system under rulesadopted by the board governing the election to serve for terms of six yearseach, one of the terms to expire on January 1 of each even-numbered year; providedthat, if after the close of filing of petitions for candidacy, a member isunopposed for election to a trustee position, the member shall be deemed anddeclared to be duly and legally elected to the position of trustee without anelection; and

(3)  Three citizens of the State who are notemployees, one of whom shall be a responsible officer of a bank authorized todo business within the State, or a person of similar experience, to beappointed by the governor, with the advice and consent of the senate, to servefor a term of six years each, one of the terms to expire January 1 of eachodd-numbered year.

Each trustee shall serve until the trustee'ssuccessor is elected or appointed, as the case may be, and qualified.  For thepurpose of this section, the term "general employees" includes policeofficers and firefighters. [L 1925, c 55, §5(2); RL 1935, pt of §7924; RL 1945,pt of §707; am L 1947, c 85, §1(b); am L 1951, c 93, §1; RL 1955, §6-61; am LSp 1959 2d, c 1, §14; am L 1963, c 114, §1; HRS §88-24; am L 1969, c 110, pt of§1; am L 1978, c 83, §1; am L 1982, c 165, §2(2); gen ch 1985; am L 1990, c142, §1; am L 1993, c 349, §1]

 

Cross References

 

  Gubernatorial appointments, see §26-34.

 

Attorney General Opinions

 

  Trustee holding over will be a de jure, not merely a defacto, officer.  Att. Gen. Op. 73-7.