§ 160-ff. Management of the fund; board of directors. 1. There shall
be appointed a board of directors of the fund, consisting of eleven
directors, six of whom shall be selected by the black car assistance
corporation; four of whom shall be chosen by the governor, including one
chosen upon the recommendation of the temporary president of the senate
and one chosen upon the recommendation of the speaker of the assembly;
one chosen to represent a transportation network company as defined by
article forty-four-B of the vehicle and traffic law; and one of whom
shall be the secretary, who shall serve ex officio. The governor shall
appoint the director chosen to represent a transportation network
company no later than December thirty-first, two thousand seventeen. The
terms of all directors other than the secretary shall be three years.
The board shall have the power to remove for cause any director other
than the secretary.

2. The directors shall elect annually from among their number a chair
and a vice chair who shall act as chair in the chair's absence.

3. For their attendance at meetings, the directors of the fund shall
be entitled to compensation, as authorized by the directors, in an
amount not to exceed two hundred dollars per meeting per director and to
reimbursement of their actual and necessary expenses.

4. Directors of the fund, except as otherwise provided by law, may
engage in private or public employment or in a profession or business.

5. (a) All of the directors shall have equal voting rights and five or
more directors shall constitute a quorum. The affirmative vote of five
directors shall be necessary for the transaction of any business or the
exercise of any power or function of the fund.

(b) The fund may delegate to one or more of its directors, officers,
agents or employees such powers and duties as it may deem proper.

(c) A vacancy occurring in a director position for which the governor
was the original appointing authority shall be filled by the governor,
upon the recommendation of the legislative official, if any, that was
authorized to recommend the original appointee pursuant to subdivision
one of this section. A vacancy occurring in a director position for
which the black car assistance corporation was the original appointing
authority shall be filled by the black car assistance corporation. A
vacancy in any one or more of the director positions shall not prevent
the remaining directors from transacting any business, provided a quorum
is present and voting.

(d) At the expiration of a director's term, the authority that
appointed such director pursuant to subdivision one of this section or
paragraph (c) of this subdivision shall re-appoint such director for an
additional term or appoint a new director for such subsequent term,
provided however that no individual may serve as director for more than
three successive terms.