SEC. 65-2-3. Composition of board; terms; compensation.
The board shall be composed of three (3) members, one (1) to be appointed by the State Highway Commission, and one (1) to be elected by those construction companies who, as of May 22, 1972, are under contract with the State Highway Department or have been so under contract within the two (2) years immediately preceding the election. As to each subsequent election only those companies under contract at the time of the election or within the two (2) years immediately preceding the election shall be eligible to cast their vote. The third member shall be chosen by agreement of the other two (2) members.
Each shall serve for a two-year term at the end of which the State Highway Commission or the construction companies may either retain their representative or choose to appoint or elect another member.
The two (2) members of the board selected by the State Highway Commission and the construction companies shall receive per diem in the amount of Fifty Dollars ($50.00) for each day actually spent in the performance of their duties hereunder; the third board member shall receive per diem in the amount of Seventy-five Dollars ($75.00) for each day actually spent in the performance of his duties hereunder. These amounts shall be assessed equally to the parties in the dispute.
SOURCES: Codes, 1942, Sec. 8041.4-02; Laws, 1972, ch. 511, Sec. 2, eff from and after passage (approved May 22, 1972). Laws, 1992, ch. 343, Sec. 1, eff from and after July 1, 1992