Page:United States Statutes at Large Volume 108 Part 2.djvu/205

 PUBLIC LAW 103-272—JULY 5, 1994 108 STAT. 921 (b) TERMS.— Except as otherwise provided in this section, individuals shall serve for 2 years. (c) CHAIRMAN. —The board shall select annually one of its members to serve as Chairman. (d) PAY AND EXPENSES.— Each director not employed by the United States Government is entitled to $300 a day when performing board duties and powers. Each director is entitled to reimbursement for necessary travel, reasonable secretarial and professional staff support, and subsistence expenses incurred in attending board meetings. (e) VACANCIES.—^A vacancy on the board is filled in the same way as the original selection. (f) BYLAWS.— The board may adopt and amend bylaws governing the operation of Amtrak Commuter. The bylaws shall be consistent with this part and the articles of incorporation. §24503. Officers (a) APPOINTMENT AND TERMS. —Amtrak Commuter has a President and other officers that are named and appointed by the board of directors of Amtrak Commuter. An officer of Amtrak Commuter must be a citizen of the United States. Officers of Amtrak Commuter serve at the pleasure of the board. (b) PAY.—The board may fix the pay of the officers of Amtreik Commuter. An officer may be paid not more than the general level of pay for officers of rail carriers with comparable responsibility. (c) CONFLICTS OF INTEREST. —When employed by Amtrak Commuter, an officer may not have a financial or employment relationship with a rail carrier, except that holding securities issued by a rail carrier is not deemed to be a violation of this subsection if the officer holding the securities makes a complete public disclosure of the holdings and does not participate in any decision directly affecting the rail carrier. §24504. General authority (a) GENERAL. —Amtrak Commuter may— (1) acquire, operate, maintain, and make contracts for the operation of equipment and facilities necessary for commuter rail passenger transportation; (2) conduct research and development related to the mission of Amtrak Commuter; and (3) issue common stock to Amtrak. (b) OPERATION AND CONTROL.— TO the extent consistent with this part and with an agreement with a commuter authority, Amtrak Commuter shall operate and control all aspects of the commuter rail passenger transportation it provides. (c) AGREEMENT TO AVOID DUPLICATING EMPLOYEE FUNC- TIONS.—To the maximum extent practicable, Amtrak Commuter and Amtrak shall make an agreement that avoids duplicating employee functions and voluntarily establishes a consolidated work force. § 24505. Commuter rail passenger transportation (a) GENERAL AUTHORITY. —Amtrak Commuter— (1) shall provide commuter rail passenger transportation that the Consolidated Rail Corporation was obligated to provide on August 13, 1981, under section 303(b)(2) or 304(e) of the

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