22 USC 6206 - Grantee corporate boards of directors

U.S Code last checked for updates: Nov 22, 2024

§ 6206.

Grantee corporate boards of directors

(a)

In general

The corporate board of directors of each grantee under this chapter—

(1)

shall be bipartisan;

(2)

shall, except as otherwise provided in this Act, have the sole responsibility to operate their respective grantees within the jurisdiction of their respective States of incorporation;

(3)

shall be composed of not fewer than 5 members, who shall be qualified individuals who are not employed in the public sector; and

(4)

shall appoint successors in the event of vacancies on their respective boards, in accordance with applicable bylaws.

(b)

Not Federal employees

(Pub. L. 103–236, title III, § 307, as added Pub. L. 117–263, div. I, title XCVII, § 9704, Dec. 23, 2022, 136 Stat. 3914.)

cite as: 22 USC 6206