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Session Laws, 1949
Volume 590, Page 709   View pdf image (33K)
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WM. PRESTON LANE, JR., GOVERNOR. 709

with educational institutions or agencies, as may be re-
quired in the judgment of the Board, to provide adequate
services and facilities for the graduate, professional, and
technical education for the benefit of the citizens of the
respective States residing within the region, and such
additional and general power and authority as may be
vested in the Board from time to time by legislative enact-
ment of the said States.

Any two or more States who are parties of this compact
shall have the right to enter into supplemental agreements
providing for the establishment, financing and operation
of regional educational institutions for the benefit of citi-
zens residing within an area which constitutes a portion of
the general region herein created, such institutions to be
financed exclusively by such States and to be controlled
exclusively by the members of the Board representing such
States provided such agreement is submitted to and ap-
proved by the Board prior to the establishment of such
institutions.

Each State agrees that, when authorized by the Legis-
lature, it will from time to time make available and pay
over to said Board such funds as may be required for the
establishment, acquisition, operation and maintenance of
such regional educational institutions as may be authorized
by the States under the terms of this compact, the contri-
bution of each State at all times to be in the proportion that
its population bears to the total combined population of the
States who are parties hereto as shown from time to time
by the most recent official published report of the Bureau
of the Census of the United States of America; or upon
such other basis as may be agreed upon.

This compact shall not take effect or be binding upon
any State unless and until it shall be approved by proper
legislative action of as many as six or more of the States
whose Governors have subscribed hereto within a period
of eighteen months from the date hereof. When and if six
or more States shall have given legislative approval to
this compact within said eighteen months period, it shall
be and become binding upon such six or more States 60
days after the date of legislative approval by the Sixth
State and the Governors of such six or more States shall
forthwith name the members of the Board from their
States as hereinabove set out, and the Board shall then
meet on call of the Governor of any State approving this
compact, at which time the Board shall elect officers, adopt
by-laws, appoint committees and otherwise fully organize.
Other States whose names are subscribed hereto shall
thereafter become parties hereto upon approval of this

 

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Session Laws, 1949
Volume 590, Page 709   View pdf image (33K)
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