The proposed bill seeks to amend section 15-1622 of the Arizona Revised Statutes, which pertains to the governance of universities. Under the current law, the board is required to select a president, secretary, and treasurer, with the stipulation that the same individual cannot hold both the secretary and treasurer positions. The bill introduces new language that clarifies the selection of officers by adding "and" between the roles of president, secretary, and treasurer, while also maintaining the existing requirement for the treasurer to provide an additional bond.

Additionally, the bill modifies the quorum requirements for board meetings. The current statute states that a majority of the board's membership constitutes a quorum for conducting business, and it allows for adjournment by a number less than a quorum. The proposed changes do not alter this provision but reinforce the existing language regarding quorum and adjournment. Overall, the bill aims to streamline the language and clarify the roles and responsibilities within the university board structure.

Statutes affected:
Introduced Version: 15-1622