Term of office
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) The members of the Board shall serve for terms of 3 years, except that the members appointed to the initial Board shall serve, proportionately, for terms of 1, 2, and 3 years.
(b) Each member shall continue to serve until a successor is appointed by the Secretary and has accepted the position.
(c) No member shall serve more than three consecutive 3-year terms in such capacity.
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