The proposed bill would amend section 15-1622 of the Arizona Revised Statutes, specifically updating the language regarding the selection of officers by the board. Currently, the statute states that the board shall select a president, secretary, and treasurer, and it specifies that the same person cannot hold both the secretary and treasurer positions. The bill would insert the word "and" to clarify the list of officers, while also requiring the treasurer to provide an additional bond.

Additionally, the bill would maintain the current quorum requirements for the board, which stipulate that a majority of the membership constitutes a quorum for conducting business at meetings. The proposed changes do not alter this provision but reinforce the existing language by inserting "the" before "transaction of business." Overall, the bill aims to enhance clarity and precision in the statutory language without making substantial changes to the existing legal framework.

Statutes affected:
Introduced Version: 15-1622