2007 California Public Utilities Code Article 3. Chief Executive Officer

CA Codes (puc:3330)

3330.  The chief executive officer shall manage and conduct the
business and affairs of the authority and the fund subject to the
direction of the board.  Except as otherwise provided in this
section, the board may assign to the executive director, by
resolution, those duties generally necessary or convenient to carry
out its powers and purposes under this division.  Any action
involving final approval of any bonds, notes, loans, or other
financial assistance shall require the approval of a majority of the
members of the board.