CONGRESSIONAL BILL NO. 18-145, C.D.1 P.C. NO. 18-254 PUBLIC LAW NO. 18-52 1 penalty includes imprisonment for one year or longer; 2 (c) Is or has been declared bankrupt or 3 insolvent; 4 5 (d) Holds an elected office in the Federated States of Micronesia national or state government; 6 (e) In the case of the Chief Executive, is a 7 staff member or officer of a department or agency of the 8 Government; or 9 (f) Holds a direct or indirect financial or other 10 interest in any service provider other than through a 11 fund over which the person has no control or influence. 12 (7) The President may remove a member who is 13 disqualified under subsection (6), or has committed a 14 serious breach of the terms of appointment as such 15 member. 16 (8) A member may resign from the Authority upon one 17 month’s written notice to the President, or such shorter 18 time as the President and the member may agree in 19 writing. 20 (9) If any member of the Authority dies or ceases to 21 hold office before the expiration of the term for which 22 he was appointed, the term of office of his successor 23 shall be so fixed as to expire at the end of the first- 24 mentioned term. 25 (10) The President may appoint a person as Acting Chief 19 of 119