N.Y. Public Authorities Law § 1003: Trustees

§ 1003. Trustees. The authority shall consist of seven trustees, five

of whom shall serve respectively for terms of one, two, three, four and

five years, to be appointed by the governor, by and with the advice and

consent of the senate. The sixth and seventh trustees shall be appointed

by the governor, by and with the advice and consent of the senate, and

shall serve initial terms of one and two years respectively. Each

trustee shall hold office until a successor has been appointed and

qualified. At the expiration of the term of each trustee and of each

succeeding trustee the governor shall, by and with the advice and

consent of the senate, appoint a successor, who shall hold office for a

term of five years, or until a successor has been appointed and

qualified. In the event of a vacancy occurring in the office of the

trustee by death, resignation or otherwise, the governor shall, by and

with the advice and consent of the senate, appoint a successor, who

shall hold office for the unexpired term. Four trustees shall constitute

a quorum for the purpose of organizing the authority and conducting the

business thereof.

The trustee chosen as chairman as provided in section one thousand

four of this title, shall receive an annual salary which shall be set by

the trustees of the authority, and which shall not exceed the salary

prescribed for the positions listed in paragraph (f) of subdivision one

of section one hundred sixty-nine of the executive law. Each other

trustee shall not receive a salary or other compensation. Each trustee

shall receive his or her reasonable expenses in the performance of his

or her duties hereunder. The trustee chosen as chairman may elect to

become a member of the New York state and local employees' retirement

system on the basis of such compensation to which he or she shall be

entitled as herein provided notwithstanding the provisions of any

general, special or local law, municipal charter, or ordinance.