The authority is subject to all provisions of law generally applicable to state agencies which do not conflict with the provisions of this chapter. Thereafter, terms of office for gubernatorial appointees shall be for four years. The initial terms of the four legislative members shall expire on January 31, 1991. Thereafter legislative members shall serve two-year terms, provided that legislative members may continue to serve on the authority only if they remain members of the general assembly. Any vacancy on the authority shall be filled in the same manner as the original appointment, except that any person appointed to fill a vacancy shall be appointed to the remainder of the unexpired term.
Any member is eligible for reappointment.
Any member may be removed by the appointing authority for misfeasance, malfeasance, or willful neglect of duty or for other cause after notice and a public hearing, unless the notice and hearing are waived in writing by the member. Members shall serve without compensation but shall receive their reasonable and necessary expenses incurred in the conduct of authority business. The speaker of the house of representatives and the president of the senate shall each designate a member of the authority to serve as co-chairpersons. The authority and the executive committee may elect such other officers as determined by the authority or the executive committee respectively. In the absence of both co-chairpersons, the executive chairperson shall serve as the presiding officer of the authority.