[§206M-52]  Board of directors;composition.  (a)  The affairs of the high technology innovationcorporation shall be under the general management and control of a board ofdirectors consisting of nine members.  Four members of the board of directorsof the high technology development corporation shall be ex officio, votingmembers of the high technology innovation corporation's board and shall beselected by the high technology development corporation's board of directorsfor terms to be determined by the high technology development corporation'sboard.  The executive director and chief executive officer of the hightechnology development corporation shall serve as an ex officio, nonvotingmember of the high technology innovation corporation board.  The remaining fourmembers shall be appointed by the governor from lists of nominees provided bythe president of the senate and the speaker of the house of representatives. The governor shall appoint two persons from the list submitted by the presidentof the senate and two persons from the list submitted by the speaker of thehouse of representatives.  The lists of nominees provided by the president ofthe senate and the speaker of the house of representatives shall consist ofmembers of the general public selected on the basis of their knowledge,interest, and proven expertise in, but not limited to, one or more of thefollowing fields:  finance, commerce and trade, corporate management,marketing, economics, engineering, information technology and telecommunications,life sciences, and other high technology fields.  All the members appointedfrom the general public shall serve for a term of four years, except that halfof those initially appointed from the public may have reduced terms inaccordance with section 26-34, so as to provide, as nearly as can be, for theexpiration of an equal number of terms at intervals of one year, with each termcommencing on July 1 and expiring on June 30.

(b)  All members of the high technologyinnovation corporation's board shall serve without pay, but shall be entitledto reimbursement for necessary expenses, including travel expenses, whileattending meetings and while in the discharge of duties and responsibilities.

(c)  The members of the high technologyinnovation corporation's board shall elect the chairperson of the board. [L2005, c 173, pt of §1]