Section 1.Budget CommitteeThere shall be a budget committee, comprised of the president of the State Bar, the president-elect, the chairperson of the board, and two (2) or more members of the board of directors appointed by the president. The president or his designee shall be chairperson of this committee.
Section 2.Public Hearing on BudgetA public hearing shall be held each year to consider the State Bar's proposed budget in accordance with the Act.
Section 3.Annual BudgetA. The budget committee shall consult with the executive director and the general counsel with respect to the annual budget for the State Bar for the fiscal year next after the committee's appointment. The proposed budget shall be prepared and submitted to the board at its first quarterly meeting each calendar year, and shall be acted on by the board at such meeting. After adoption by the board, the budget shall be submitted to the Court for approval.B. The budget may be amended by majority vote of the board at any regular or special meeting in order to meet any unforeseen contingency, subject to the Court's approval.Section 4.ExpensesThe board may provide for the payment of necessary expenses incurred by the officers, directors, committee members, and employees of the State Bar in the discharge of their duties.