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Code · STATUTE-COMPILATIONS · Consolidated and Further Continuing Appropriations Act, 2015 · Sec. 602

Sec. 602. BOARD OF DIRECTORS

155 words·~1 min read·/statute-compilations/comps-11604/sec-602

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## SEC. 602 BOARD OF DIRECTORS Subsection (b)(2)(A) of the Travel Promotion Act of 2009 (22 U.S.C. 2131(b)(2)(A)) is amended— ####
(1)in the matter preceding clause (i)— #####
(A)in the first sentence, by striking “promotion and marketing” and inserting “promotion or marketing”; and #####
(B)by inserting after the first sentence the following: “At least 5 members of the board shall have experience working in United States multinational entities with marketing budgets. At least 2 members of the board shall be audit committee financial experts (as defined by the Securities and Exchange Commission in accordance with section 407 of Public Law 107-204 (15 U.S.C. 7265)). All members of the board shall be a current or former chief executive officer, chief financial officer, or chief marketing officer, or have held an equivalent management position.”; and ####
(2)in clause (x), by striking “intercity passenger railroad business” and inserting “land or sea passenger transportation sector”.
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  • Pub. L. 107-204
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Sec. 602
BOARD OF DIRECTORS
Pub. L.Pub. L. 107-204
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