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House Journal: Page 1744: Friday, April 17, 1998

 4     1.  By striking page 2, line 42, through page 3,
 5   line 15, and inserting the following:  "inserting the
 6   following:  "shall be appointed by an appointment
 7   committee which shall be composed of all of the
 8   following:
 9     (1)  The following persons who shall serve as
10   voting members, appointed by the governor:
11     (a)  One person representing financial institutions
12   who is actively engaged in financial agricultural
13   businesses.
14     (b)  One person representing agribusiness who is
15   actively engaged in agribusiness.
16     (c)  One person representing agricultural
17   cooperative organizations who is a member of an
18   agricultural cooperative association as defined in
19   section 502.102.
20     (d)  One person representing processors of
21   agricultural products who is actively engaged in
22   processing such products.
23     (e)  One person representing marketers of
24   agricultural commodities or products who is actively
25   engaged in marketing agricultural commodities or
26   products.
27     (f)  One person representing an organization
28   promoting producers of agricultural commodities
29   generally rather than a specific commodity, who is an
30   active member of such organization.
31     (g)  Two persons representing organizations
32   promoting producers of specific commodities who are
33   members of the organizations.
34     (2)  The following nonvoting, ex officio members:
35     (a)  One person appointed by the governor
36   representing the governor's office
37     (b)  Four members of the general assembly.  The
38   members shall be two senators, appointed by the
39   president of the senate after consultation with the
40   majority leader of the senate and the minority leader
41   of the senate from their respective parties, and two
42   representatives appointed by the speaker of the house
43   after consultation with the majority leader of the
44   house of representatives and the minority leader of
45   the house of representatives from their respective
46   parties.
47     b.  The members of the appointment committee shall
48   exercise due care to assure that persons appointed to
49   the initial board of directors have the requisite
50   financial experience necessary in order to carry out

Page 2  

 1   the duties of the corporation as established in this
 2   division, including in areas related to agricultural
 3   lending, commercial banking, and investment

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Last update: Mon Apr 20 13:40:03 CDT 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01700/01744.html
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