Section 774.070 - Election of board; term; qualifications; statement of financial interest; disqualification of candidate; recall; vacancies(1) The Citizens' Utility Board of Governors shall be composed of three persons elected from each congressional district of this state by a majority of the votes cast by members residing in that district. The election shall be conducted by mail ballot in such manner as the Citizens' Utility Board of Governors may prescribe.(2) The term of office of a member of the Citizens' Utility Board of Governors is four years. A person may not serve more than two consecutive terms on the Citizens' Utility Board of Governors.(3) Each candidate and each member of the Citizens' Utility Board of Governors must be a member of the Citizens' Utility Board and must be a resident of the district from which the candidate seeks to be or is elected.(4) At least 45 days before an election, each candidate shall file with the Citizens' Utility Board of Governors a statement of financial interests, which shall contain the information in such form as the Citizens' Utility Board of Governors shall determine. Each candidate shall maintain a complete record of contributions received and expenditures made with regard to an election campaign. Each candidate shall make the records available for public inspection at such reasonable times as the Citizens' Utility Board of Governors considers appropriate.(5) A member who is employed by a utility is not eligible for appointment or election to the Citizens' Utility Board of Governors, and a member of the Citizens' Utility Board of Governors who obtains employment by a utility may not maintain a position on the Citizens' Utility Board of Governors. While on the board, a director elected under this section may not hold elective public office, be a candidate for any elective public office or be a state public official. A person who owns or controls, either singly or in combination with any immediate family member, utility stocks or bonds of a total value in excess of $3,000 is not eligible to serve as an elected member of the Citizens' Utility Board of Governors.(6) The Citizens' Utility Board of Governors may disqualify any candidate or member of the Citizens' Utility Board of Governors for any violation of this chapter or of the bylaws of the Citizens' Utility Board.(7) Upon petition signed by 20 percent of the members in a district for the recall of a member of the Citizens' Utility Board of Governors elected from the district, the Citizens' Utility Board of Governors shall mail ballots to each member in the district, submitting the question whether the member of the Citizens' Utility Board of Governors shall be recalled. If a majority of the members voting at the election vote in favor of the recall, then the member of the Citizens' Utility Board of Governors shall be recalled. Elections and recall proceedings shall be conducted in a manner as the Citizens' Utility Board of Governors may prescribe. Ballots for all election and recall proceedings shall be counted at a regular meeting of the Citizens' Utility Board of Governors.(8) The remaining members of the Citizens' Utility Board of Governors shall have the power to fill vacancies on the Citizens' Utility Board of Governors.Amended by 2013 Ch. 1,§ 94, eff. 1/1/2014.1985 c.1 §6; 1997 c.249 §222