48-2615 - Arizona Statutes

48-2615. Organization of initial board of directors; secretary A. The directors of a district organized under the provisions of this chapter, on the first Tuesday after their election and after they have qualified, shall meet and classify themselves by lot into two classes as nearly equal in number as possible. The term of office of the class having the greater number shall expire at the next regular October election provided for in this chapter, and the term of office for the class having the lesser number shall terminate at the second general October election thereafter. B. After classifying themselves, the directors shall organize as a board, shall elect a president from their number, and appoint a secretary who shall hold office during the pleasure of the board. The salary of the secretary, and the amount of the bond to be given by him for the faithful performance of his duties, shall be fixed by the board of directors.