Board of Trustees - Financial Page
The Board of Trustees shall serve as the Directors of PEVA, Inc. and as delegated by the Presbytery shall have such limited power, authority, and responsibilities of and shall perform the functions provided by a board of directors under the Virginia Nonstock Corporation Act (hereinafter the "Act." Except as otherwise provided by the Act, the Articles, the Bylaws, the Constitution or this Manual of Operations, the authority to carry out the business affairs of PEVA shall be exercised by the Board of Trustees. The Board shall fulfill the functions required by civil law and those that the Presbytery assigns to it. It shall be responsible for implementing the policies of the Members related to investments, financial guidance, and property; and shall arrange for an annual financial review.
The Board of Trustees shall be comprised of at least six and no more than eleven individuals including its moderator and be elected by the Presbytery. The Trustee Moderator shall be recommended by the Trustees for PEVA election. Trustees shall include both ministers and ruling elders and normally be divided into three approximately equal classes. They shall normally serve a three-year term and may be elected for one additional three-year term. No trustee shall serve on the Board of Trustees for more than six consecutive years. The General Presbyter and Stated Clerk shall be ex officio members of the Board of Trustees without vote.
To learn more about the Board of Trustees, please see pages 8-9 of the
PEVA Manual of Administrative Operations.