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Section 16. At the first annual meeting after the adoption of this act, the voters of the town shall elect by ballot from among their number five persons who shall serve and be known as the finance commission who shall hold office, two for the term of three years, two for the term of two years, and one for the term of one year from the date of said annual meeting. At each annual meeting thereafter there shall be elected in place of those finance commissioners whose terms are about to expire an equal number of finance commissioners, each to serve for three years. The members of the finance commission shall serve until successors are elected and qualified and shall not receive any salary. During the term for which they are chosen they shall be ineligible, to any town office other than that for which they have been chosen, nor shall they, during such term, hold any other such office; provided, however, they may serve as representative town meeting members.
Amended Sept. 7, 1973
Amended July 18,1989


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