A Board established by the Social Security Act to oversee the financial operations of the Federal Supplementary Medical Insurance Trust Fund. The Board is composed of six members, four of whom serve automatically by virtue of their positions in the federal government: the Secretary of the Treasury, who is the Managing Trustee; the Secretary of Labor; the Secretary of Health and Human Services; and the Commissioner of Social Security. The other two members are appointed by the President and confirmed by the Senate to serve as public representatives. John L. Palmer and Thomas R. Saving began serving their 4-year terms on October 28, 2000. The Administrator of CMS serves as Secretary of the Board of Trustees.
Oversees the business and affairs of The Conference Board, Inc. Comparable to the board of directors of a commercial public company.
Acts as a trustee of a trust or as advisors of the trustee, depending on the language of the trust indenture.
The Board created to direct the affairs of SERS.
The Board created to direct the affairs of GARS.
The governing body of a public library. For powers and duties of library trustees in Colorado, refer to Colorado Revised Statutes, ยง24-90-109.
A board acting as a trustee of a trust or as advisors to the trustee depending upon the language of the trust indenture. Also see Committee of Advisors.
Also termed the "Board of Directors." In a nonprofit corporation, the Board of Trustees represents the interests of the general public or the specific public group that the organization was established to serve.
An appointed or elected body overseeing the management of an organization and rendering advice on issues and are legally responsible for their decisions.