§ 6206. Grantee corporate boards of directors

• (a) 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) No employee of any grantee under this chapter may be a Federal employee.