The 21 trustees set policy and oversee the university's budget.
The trustees has overseen these lands since state legislation created such boards in 1893.
He said one of the trustees overseeing his local complained when he purchased only two tickets.
Some securities lawyers say this is because trustees overseeing the cases are chosen by, and paid by, the corporation.
According to the trustee overseeing liquidation the shortfall may be as large as $1.6 billion.
The foundation, whose 16 trustees oversee the F.A.S.B., has had a change of heart on the issue before.
Elected trustees also oversee the Basin Water and Sewer District.
Lord Stanley, who returned to England before the first Cup was awarded, appointed trustees to oversee the trophy.
Ms. Chavis notes that the money equals $34.62 a week, less than minimum wage for the hours each trustee must meet and oversee an assigned department.
The state fund is concerned about the legal liability that comes with direct ownership and the limited investment experience of the trustees overseeing the pension fund.