(1) There is a hard-rock mining impact board.
(2) The hard-rock mining impact board is a five-member board.
(3) (a) Subject to subsections (3)(b) and (3)(c), the hard-rock mining impact board must include among its members:
(i) a representative of the hard-rock mining industry;
(ii) a representative of a major financial institution in Montana;
(iii) a person who, when appointed to the board, is an elected school district trustee;
(iv) a person who, when appointed to the board, is an elected county commissioner;
(v) a member of the public at large.
(b) Three persons appointed to the board must reside in an area impacted or expected to be impacted by large-scale mineral development.
(c) At least two persons must be appointed from each district provided for in 2-15-156.
(4) The hard-rock mining impact board is a quasi-judicial board subject to the provisions of 2-15-124. The board shall elect a presiding officer from among its members.