Sec. 3. P&SL 1951, c. 92, §9 is repealed and the following enacted in its place:

*Sec. 9.__Board of trustees.__The affairs of the district must be managed by a board of trustees composed of 3 members who must be residents of the district and reside in a household to which the district's service is provided.__A municipal officer, as defined in the Maine Revised Statutes, Title__30-A, section 2001, subsection 10, of the Town of Lubec is not eligible to be a trustee, and whenever a trustee becomes a municipal officer the trustee automatically ceases to be a trustee.__The present trustees hold office as trustees for the terms for which they were elected and as each term expires one trustee must be elected by the registered voters of the district, at the next annual town meeting of the Town of Lubec, to serve for a term of 3 years.__ The trustees shall hold meetings in the Town of Lubec and may organize by the election of a president and a clerk, adopt a corporate seal and choose a treasurer and, when necessary, all other officers and agents, including a general manager, who, with the treasurer, shall serve at the trustees' pleasure and whose compensation is fixed by the trustees.__The trustees are entitled to compensation for their services as determined by the trustees.__ Whenever a vacancy occurs in the office of the president, clerk, general manager or treasurer, that office must be filled by the board of trustees.__If a vacancy occurs in the board of trustees, the remaining trustees may appoint a temporary trustee to fill the vacancy until the next annual town meeting of the Town of Lubec.__At that meeting, a trustee must be elected for the regular term and one to fill the term caused by the vacancy.__ Whenever a trustee ceases to be a resident of the district, the trustee vacates the office of the trustee.__The trustees may also adopt bylaws as necessary for their own convenience and the proper management of the affairs of the district and may procure an office and incur expenses as necessary.__The treasurer and the general manager shall furnish bond in a form and with sureties the trustees approve.

Sec. 4. P&SL 1951, c. 92, §10 is amended to read:

*Sec. 10. Valid contracts of present companies to be assumed by district. All valid contracts now existing between Lubec the district and any persons or corporations for supplying water, light and power, in the town Town of Lubec or elsewhere shall must be assumed and carried out by said the district.

Sec. 5. P&SL 1951, c. 92, §14, sub-§I is amended to read: