(a) There is established the Alaska Commercial Fisheries Entry Commission as a regulatory and quasi-judicial agency of the state. The commission consists of two members appointed by the governor and confirmed by the legislature in joint session.
(b) The governor shall designate one member of the commission as chair of the commission. The designated member serves as chair for a term of two years and may be designated chair for successive two-year terms. When there is a vacancy in the executive director position, the member serving as chair is responsible for and has authority over the internal administrative and personnel practices and procedures of the commission.