22 U.S. Code § 4605 - Board of Directors
The powers of the Institute shall be vested in a Board of Directors unless otherwise specified in this chapter.
Not more than eight voting members of the Board (including members described in paragraphs (1) through (4) of subsection (b)) may be members of the same political party.
No member of the Board may participate in any decision, action, or recommendation with respect to any matter which directly and financially benefits the member or pertains specifically to any public body or any private or nonprofit firm or organization with which the member is then formally associated or has been formally associated within a period of two years, except that this subsection shall not be construed to prohibit an ex officio member of the Board from participation in actions of the Board which pertain specifically to the public body of which that member is an officer.
A director appointed by the President under subsection (b)(4) shall be entitled to receive the daily equivalent of the annual rate of basic pay in effect for grade GS–18 of the General Schedule under section 5332 of title 5 for each day during which the director is engaged in the performance of duties as a member of the Board.
While away from his home or regular place of business in the performance of duties for the Institute, a director shall be allowed travel expenses, including a per diem in lieu of subsistence, not to exceed the expenses allowed persons employed intermittently in Government service under section 5703(b)  of title 5.
 See References in Text note below.
2008—Pub. L. 110–315, § 921(b)(1)(A), substituted “(b)(4)” for “(b)(5)” wherever appearing.
Subsec. (e)(5). Pub. L. 110–315, § 921(b)(1)(B), added par. (5).
1998—Subsec. (b)(3). Pub. L. 105–277, § 1225(c)(1), redesignated par. (4) as (3) and struck out former par. (3) which read as follows: “The Director of the Arms Control and Disarmament Agency (or if the Director so designates, another officer of that Agency who was appointed with the advice and consent of the Senate).”
Subsec. (b)(4), (5). Pub. L. 105–277, § 1225(c)(1)(B), (C), redesignated par. (5) as (4) and substituted “Twelve” for “Eleven”. Former par. (4) redesignated (3).
Committee on Labor and Human Resources of Senate changed to Committee on Health, Education, Labor, and Pensions of Senate by Senate Resolution No. 20, One Hundred Sixth Congress, Jan. 19, 1999.
Committee on Education and Labor of House of Representatives changed to Committee on Education and the Workforce of House of Representatives by House Resolution No. 5, One Hundred Twelfth Congress, Jan. 5, 2011.
References in laws to the rates of pay for GS–16, 17, or 18, or to maximum rates of pay under the General Schedule, to be considered references to rates payable under specified sections of Title 5, Government Organization and Employees, see section 529 [title I, § 101(c)(1)] of Pub. L. 101–509, set out in a note under section 5376 of Title 5.
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