36 U.S. Code § 70904 - Governing body

(a) Board of Directors.—
(1) The board of directors is the governing body of the corporation. The board shall exercise the powers granted to the corporation.
(2) The board consists of the Secretary of Education, four staff members in the Department of Education, and four State supervisors of agriculture education. The Secretary is chairman of the board.
(3) The term of office of the directors and the method of selecting the directors (except ex officio directors) are as provided in the bylaws.
(4) The board shall meet at least annually at the time and place provided in the bylaws. The annual report of the board shall be presented at that meeting. Special meetings of the board may be called at any time by the chairman.
(b) Governing Committee.— The board may designate the chairman of the board and two members of the chairman’s staff as a governing committee. When the board is not in session, the governing committee has the powers of the board subject to the board’s direction and may authorize the seal of the corporation to be affixed to all papers that require it.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1357.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
70904(a)
36:278(a)–(c), (e).
Aug. 30, 1950, ch. 823, § 8, 64 Stat. 565.
70904(b)
36:278(d).

In subsection (a), the text of 36:278(e) is omitted as obsolete. In paragraph (2), the words “Secretary of Education” and “Department of Education” are substituted for “Chief of the Agricultural Education Service, Office of Education, Federal Security Agency” and “Agricultural Education Service, Office of Education, Federal Security Agency”, respectively, in section 8(a) of the Act of August 30, 1950 (ch. 823, 64 Stat. 565), because of sections 5 and 8 of Reorganization Plan No. 1 of 1953 (5 App. U.S.C.) and 20:3441 and 3507.

 

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