22 U.S.C. § 6206 — Grantee corporate boards of directors
submitted 4 years ago by Pub. L. 103-236 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 104 words · no verdicts yet
Each grantee’s corporate board must be bipartisan, have the stated operating responsibility, include at least five qualified private-sector members, and fill vacancies under its bylaws. No grantee employee may be a Federal employee.
(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 No employee of any grantee under this chapter may be a Federal employee.
The corporate board of directors of each grantee* under this chapter—
shall be bipartisan;
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;
shall be composed of not fewer than 5 members, who shall be qualified individuals who are not employed in the public sector; and
shall appoint successors in the event of vacancies on their respective boards, in accordance with applicable bylaws.
No employee of any grantee under this chapter may be a Federal employee.
Source credit: (Pub. L. 103–236, title III, § 307, as added Pub. L. 117–263, div. I, title XCVII, § 9704, Dec. 23, 2022, 136 Stat. 3914.)
- 2022Enacted · Pub. L. 103-236 · 136 Stat. 3914
A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-236 on 2022-12-23.
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