SECTION 1. The first paragraph of Section 1 of Chapter 143 of the Acts of 1996 is hereby amended to delete sentences two through five and to replace them with the following: “The board of directors of said corporation shall consist of not less than five members who shall be appointed by the board of selectmen for staggered three-year terms as designated by said board of selectmen, such appointments to be made annually by said board of selectmen on or before June thirtieth. The board of selectmen may also appoint up to two associate members of the board of directors for staggered three-year terms as designated by said board of selectmen, such appointments to be made annually by said board of selectmen on or before June thirtieth. Members and associate members of said board of directors shall serve until their successors are appointed and qualified. Continuing members may act despite a vacancy in said board of directors and, for this purpose, subject to the final sentence of this paragraph, shall be deemed to constitute a full board of directors. Any vacancy in the members or associate members of said board of directors, however occurring, may be filled by the board of selectmen for the unexpired portion of the term. The chair of the board of directors may designate an associate member to sit on the board of directors for any particular matter or matters in the case of an absence, inability to act, or conflict of interest on the part of any member of the board of directors, or in the event of a vacancy on the board of directors, until said vacancy is filled.
SECTION 2. Chapter 143 of the Acts of 1996 is hereby further amended to add the words “and associate members” after the word “members” in the final sentence of the second paragraph of Section 1.
SECTION 3. Chapter 143 of the Acts of 1996 is hereby further amended to delete the final sentence of Section 4 and to replace it with the following sentence: “At least once every three years, the board of directors shall cause an independent audit to be made of the books and records of said board, which audit shall be filed with the board of selectmen of said town.”
SECTION 4. This act shall take effect upon its passage.
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