Sec. 307. GRANTEE CORPORATE BOARDS OF DIRECTORS

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## SEC. 307 GRANTEE CORPORATE BOARDS OF DIRECTORS **[**[22 U.S.C. 6206](/us/usc/t22/s6206)**]** ###

(a)In General The corporate board of directors of each grantee under this title— ####

(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 title may be a Federal employee.

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U.S. Code

Grantee corporate boards of directors
§ 6206

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Sec. 307

GRANTEE CORPORATE BOARDS OF DIRECTORS

U.S.C.§ 6206

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