342.807 Board of directors. (1) The authority shall be governed by a board of directors. The board shall exercise complete jurisdiction over the authority. (2) The board shall consist of the: (a) Secretary of the Finance and Administration Cabinet; (b) Secretary of the Personnel Cabinet; (c) Secretary of the Labor Cabinet; and (d) Seven (7) at-large members appointed by the Governor, subject to confirmation by the Senate. (3) Any vacancy which occurs prior to the expiration of a term shall be filled by the Governor in the same manner as the initial appointment was made, and the new appointee shall serve only the remainder of the unexpired term. (4) No person shall serve on the board who: (a) Fails to meet or comply with the conflict of interest policies established by the (b) (c) board and KRS 304.24-270; Is not bondable; Is an employee, attorney, or contractor of a competing insurer providing workers' compensation insurance in the Commonwealth; or (d) Is not a resident of this Commonwealth. (5) In making the appointments to the board, subject to Senate confirmation, the Governor shall ensure adequate representation from the major sectors of the economy and workforce in the Commonwealth. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1854, effective July 15, 2010. -- Amended 1998 Ky. Acts ch. 361, sec. 2, effective July 15, 1998. -- Created 1994 Ky. Acts ch. 181, Part 12, sec. 42, effective April 4, 1994.