The appointment of, resignation, removal and succession of Trustees is determined as follows:
The District may remove any Trustee appointed by the District at any time by delivery to such Trustee, and to the other Trustees then acting, an instrument signed by the District. Likewise, the Association may remove any Trustee appointed by the Association at any time by delivery to such Trustee and to the other Trustees then acting, an instrument signed by the Association.
Any Trustee may resign, without the permission of any court or judge and without first accounting for his actions as Trustee, by giving written notice to the District, Association and to the other Trustees then acting, but the foregoing shall not relieve any Trustee so resigning of the obligation ultimately to account for his or her actions as such Trustee.
Appointment of Successor Trustees
In the event of the death, resignation or removal for any reason of any Trustee, a successor Trustee may be appointed by an instrument signed by the District or Association, copies of which shall be delivered by the District or Association to the other Trustees then acting. The newly-appointed Trustee shall be deemed to have accepted his or her position as a Trustee upon attendance at his or her first regularly scheduled or special meeting of the Trustees. The District shall appoint the successor of a District Trustee and the Association shall appoint the successor of an Association Trustee.
Cross References: | Trust Policy 110 Trustees | |
Trust Policy 120 | Trust and Plan Terms | |
Trust document Section 5 |
Adopted: | |
August 29, 2005 | |
Revised: | |
January 24, 2011 | |
Revised: | |
June 14, 2017 | |