View all text of Chapter 71 [§ 6201 - § 6217]

§ 6206. Grantee corporate boards of directors
(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
(Pub. L. 103–236, title III, § 307, as added Pub. L. 117–263, div. I, title XCVII, § 9704, Dec. 23, 2022, 136 Stat. 3914.)