This bill revises the term limits of the Board of Directors of the Maine Development Foundation.
This bill revises the term limits of the Board of Directors of the Maine Development Foundation. It allows elected directors to serve up to four years in succession. The board of directors will determine the number of directors for the following year. The corporators will elect half of the elected directors from the private sector and half from the public sector. The Governor will appoint directors from among the ex officio corporators. The board will also elect a chair, a vice-chair, and a treasurer.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.