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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 4. EXECUTIVE BRANCH |
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Subtitle A. EXECUTIVE OFFICERS |
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Chapter 404. STATE TREASURY OPERATIONS OF COMPTROLLER |
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Subchapter G. TEXAS TREASURY SAFEKEEPING TRUST COMPANY |
Sec. 404.110. REMOVAL OF ADVISORY BOARD MEMBERS
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The comptroller may remove from the advisory board an advisory board member at will or for any of the following causes:
(1) at the time of the member's appointment, the member did not have the qualifications prescribed by Section 404.108 or was ineligible under Section 404.109;
(2) while serving on the advisory board, the member does not maintain the qualifications prescribed by Section 404.108 or becomes ineligible for appointment under Section 404.109;
(3) for a substantial portion of the member's term, the member is unable to discharge the member's duties because of illness or disability; or
(4) without being excused by a majority vote of the advisory board, the member is absent from more than one-third of the regularly scheduled board meetings that the member is eligible to attend during a calendar year.