CODE OF VIRGINIA

APPOINTMENT AND DUTIES OF EXECUTIVE DIRECTOR (§ 62.1-202)

The Governor shall appoint an Executive Director of the Authority, who shall
report to, but not be a member of, the Board of Directors. The Executive
Director shall serve as the ex officio secretary of the Board of Directors and
shall administer, manage and direct the affairs and activities of the Authority
in accordance with the policies and under the control and direction of the Board
of Directors. He shall attend meetings of the Board of Directors, shall keep a
record of the proceedings of the Board of Directors and shall maintain and be
custodian of all books, documents and papers of the Authority, the minute book
of the Authority and its official seal. He may cause copies to be made of all
minutes and other records and documents of the Authority and may give
certificates under seal of the Authority to the effect that the copies are true
copies, and all persons dealing with the Authority may rely upon the
certificates. He shall also perform other duties as instructed by the Board of
Directors in carrying out the purposes of this chapter. He shall execute a
surety bond in a penalty sum determined by the Board of Directors. The surety
bond shall be executed by a surety company authorized to transact business in
the Commonwealth and shall be conditioned upon the faithful performance of the
duties of the office.

HISTORY: 1984, c. 699; 1994, c. 684.