Creation of the Virgin Islands Arts and Craft Factory Development Board

  1. Law
  2. US Virgin Islands Code
  3. Executive
  4. Virgin Islands Arts and Craft Factory Development Board
  5. Creation of the Virgin Islands Arts and Craft Factory Development Board

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  • There is hereby created a body corporate and politic constituting a public corporation and autonomous governmental instrumentality of the Government of the Virgin Islands to be known as the Virgin Islands Arts and Craft Factory Development Board.
  • The affairs of the Board shall be managed by its officers as designated by resolution of the members. The Board of Directors shall consist of not less than nine (9) members who shall serve staggered three (3) year terms, and shall be selected as follows:

    • (1) The Board shall be governed by a Chairman and shall have a Vice-Chairman, a Treasurer and a Secretary. Four (4) members shall be residents of St. Croix, four members shall be residents of St. Thomas, and one (1) member shall be a resident of St. John. Non-governmental members shall be compensated $40.00 per day for each day or fraction thereof spent in the business of the Board; provided that the Chairman of the Board shall be compensated on the basis of $60.00 per day; and provided further that not more than $240.00 may be paid to any non-governmental member within any one (1) month, nor more than $2,640.00 within a calendar year. The corresponding compensation for the Chairman of the Board shall be not more than $360.00 within any one (1) month and not more than $4,320 within a calendar year.

    • (2) Five (5) members shall be representatives of the business, financial and general community, of which three (3) members shall be chosen by the Governor and two (2) members shall be chosen by the President of the Legislature; four (4) members shall be representatives of the low income sectors of the Virgin Islands population, of which two (2) members shall be chosen by the Governor and two (2) members shall be chosen by the President of the Legislature.

  • No part of the net earnings of the Board shall inure to the benefit of, or be distributed to its members, except that the Board shall be authorized and empowered to otherwise pay reasonable compensation for services duly authorized and rendered, and to make payment distributions in furtherance of its purposes; provided, however, that no employee of the Government of the United States Virgin Islands who also serves as a member of the Virgin Islands Arts and Craft Factory Development Board may receive compensation from the Board for any services rendered or position held, except that reimbursement may be made for reasonable expenses incurred in the performance of duties while on authorized official business on behalf of the Board.


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