HARRY HUGHES, Governor                                      3691

(5) A MEMBER MAY SERVE NO MORE THAN 2 TERMS.
8-1904.

(A)  THE BOARD OF TRUSTEES SHALL ELECT 1 OF THEIR MEMBERS TO
SERVE AS CHAIRMAN.

(B)  THE BOARD SHALL MEET AT PLACES AND DATES TO BE
DETERMINED BY THE BOARD, BUT NOT LESS THAN 2 TIMES A YEAR.

(C)  SEVEN TRUSTEES SHALL CONSTITUTE A QUORUM, BUT ACTION
MAY NOT BE TAKEN BY LESS THAN A VOTE OF 7 MEMBERS.

(D)  A TRUSTEE MAY NOT RECEIVE COMPENSATION, BUT IS ENTITLED
TO REIMBURSEMENT FOR EXPENSES UNDER THE STANDARD STATE TRAVEL
REGULATIONS AS PROVIDED IN THE STATE BUDGET.

(E) THE BOARD OF TRUSTEES MAY EMPLOY STAFF AS NECESSARY.

(E) THE STATE AGENCIES REPRESENTED ON THE TRUST SHALL
PROVIDE STAFF, SUPPLIES, AND OFFICE SPACE, UTILIZING EXISTING
RESOURCES.

8-1905.

(A) THE TRUST SHALL HAVE THE POWERS AND DUTIES TO:

(1)  SOLICIT AND ACCEPT ANY GIFT, GRANT, LEGACY, OR
ENDOWMENT OF MONEY FROM THE FEDERAL GOVERNMENT, STATE GOVERNMENT,
LOCAL GOVERNMENT, OR ANY PRIVATE SOURCE IN FURTHERANCE OF THE
TRUST;

(2)  PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS,
COMMUNITY ASSOCIATIONS, CIVIC GROUPS, SCHOOLS, OR PUBLIC AGENCIES
FOR CITIZEN INVOLVEMENT PROJECTS;

(3)  DEVELOP PROJECTS FOR SPONSORSHIP BY CORPORATE AND
BUSINESS ORGANIZATIONS OR PRIVATE INDIVIDUALS;

(4)  DEVELOP CRITERIA FOR CITIZEN INVOLVEMENT PROJECTS
OR CORPORATE SPONSORSHIP PROJECTS;

(5)  MAKE, EXECUTE, AND ENTER INTO ANY CONTRACT OR
OTHER LEGAL INSTRUMENT;

(6)  RECEIVE APPROPRIATIONS AS PROVIDED IN THE STATE
BUDGET;

(7)  LEASE AND MAINTAIN AN OFFICE AT A PLACE WITHIN
THE STATE IT DESIGNATES;

(8) ADOPT BYLAWS FOR THE REGULATION OF ITS AFFAIRS
AND THE CONDUCT OF ITS BUSINESS;