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



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



(c)  The members of the high technology
innovation corporation's board shall elect the chairperson of the board. [L
2005, c 173, pt of §1]