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151B.455 Kentucky Assistive Technology Loan Corporation -- Board of
directors -- Qualifications -- Appointment -- Terms -- Vacancy -- Removal.
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The Kentucky Assistive Technology Loan Corporation is created and
established as an independent de jure municipal corporation and political
subdivision of the Commonwealth of Kentucky to perform essential
governmental and public functions for the purpose of improving the quality of
life for disabled persons who are residents of the Commonwealth of Kentucky
by providing the ability to obtain low-interest loans to qualified borrowers for the
acquisition of assistive technology.
The corporation shall be governed by a board of directors consisting of seven
(7) members as follows:
(a) The secretary of the Education and Workforce Development Cabinet or
the secretary's designated representative;
(b) One (1) attorney with lending expertise;
(c) One (1) representative of a financial lending institution; and
(d) Four (4) public members with a knowledge of assistive technology
representing a range of disabilities.
All board members shall be residents of the Commonwealth of Kentucky and
all, with the exception of the secretary or the secretary's designee, shall be
appointed by the Governor. Each public member shall be an individual with a
disability, a parent of an individual with a disability, or a legal representative of
an individual with a disability. In making appointments the Governor shall seek
recommendations from disability-related associations and organizations
representing the categories of disabilities for which appointments are being
made.
For initial appointments to the board, two (2) public members shall be
appointed for terms of four (4) years each, two (2) public members for terms of
three (3) years each, the attorney member for a term of two (2) years, and the
member representing a financial lending institution for a term of one (1) year.
All succeeding terms shall be for a period of four (4) years each, and each
appointee shall serve for the appointed term and until a successor has been
appointed and has duly qualified. No person shall serve more than two (2)
successive full terms.
If a vacancy on the board occurs, the Governor shall appoint a replacement
who shall hold office during the remainder of the term vacated.
The Governor may remove any board member in case of incompetency,
neglect of duties, gross immorality, or malfeasance in office, and may upon
removal declare the position vacant and appoint a person to fill the vacancy as
provided in other cases of vacancy. If a board member is so removed, he or
she may appeal. Upon appeal an administrative hearing shall be conducted in
accordance with KRS Chapter 13B.
Effective:June 25, 2009
History: Amended 2009 Ky. Acts ch. 11, sec. 28, effective June 25, 2009. -Amended 2006 Ky. Acts ch. 211, sec. 57, effective July 12, 2006. -- Created
1996 Ky. Acts ch. 222, sec. 2, effective July 15, 1996.
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