Articles of incorporation, bylaws, content--members, qualifications.
348.256. The articles of incorporation and bylaws of the Missouritechnology corporation shall provide that:
(1) The purposes of the corporation are to contribute to thestrengthening of the economy of the state through the development ofscience and technology, to promote the modernization of Missouri businessesby supporting the transfer of science, technology and quality improvementmethods to the workplace, and to enhance the productivity and modernizationof Missouri businesses by providing leadership in the establishment ofmethods of technology application, technology commercialization andtechnology development;
(2) The board of directors of the corporation is composed of fifteenpersons. The governor shall annually appoint one of its members, who mustbe from the private sector, as chairman. The board shall consist of thefollowing members:
(a) The director of the department of economic development, or thedirector's designee;
(b) The president of the University of Missouri system, or thepresident's designee;
(c) A member of the state senate, appointed by the president pro temof the senate;
(d) A member of the house of representatives, appointed by thespeaker of the house;
(e) Eleven members appointed by the governor, two of which shall befrom the public sector and nine members from the private sector who shallinclude, but shall not be limited to, individuals who representtechnology-based businesses and industrial interests;
(f) Each of the directors of the corporation who is appointed by thegovernor shall serve for a term of four years and until a successor is dulyappointed; except that, of the directors serving on the corporation as ofAugust 28, 1995, three directors shall be designated by the governor toserve a term of four years, three directors shall be designated to serve aterm of three years, three directors shall be designated to serve a term oftwo years, and two directors shall be designated to serve a term of oneyear. Each director shall continue to serve until a successor is dulyappointed by the governor;
(3) The corporation may receive money from any source, may borrowmoney, may enter into contracts, and may expend money for any activitiesappropriate to its purpose;
(4) The corporation may appoint staff and do all other thingsnecessary or incidental to carrying out the functions listed in section348.261;
(5) Any changes in the articles of incorporation or bylaws must beapproved by the governor;
(6) The corporation shall submit an annual report to the governor andto the Missouri general assembly. The report shall be due on the first dayof November for each year and shall include detailed information on thestructure, operation and financial status of the corporation. Thecorporation shall conduct an annual public hearing to receive comments frominterested parties regarding the report, and notice of the hearing shall begiven at least fourteen days prior to the hearing; and
(7) The corporation is subject to an annual audit by the stateauditor and that the corporation shall bear the full cost of the audit.
Articles of incorporation, bylaws, content--members, qualifications.
348.256. The articles of incorporation and bylaws of the Missouritechnology corporation shall provide that:
(1) The purposes of the corporation are to contribute to thestrengthening of the economy of the state through the development ofscience and technology, to promote the modernization of Missouri businessesby supporting the transfer of science, technology and quality improvementmethods to the workplace, and to enhance the productivity and modernizationof Missouri businesses by providing leadership in the establishment ofmethods of technology application, technology commercialization andtechnology development;
(2) The board of directors of the corporation is composed of fifteenpersons. The governor shall annually appoint one of its members, who mustbe from the private sector, as chairman. The board shall consist of thefollowing members:
(a) The director of the department of economic development, or thedirector's designee;
(b) The president of the University of Missouri system, or thepresident's designee;
(c) A member of the state senate, appointed by the president pro temof the senate;
(d) A member of the house of representatives, appointed by thespeaker of the house;
(e) Eleven members appointed by the governor, two of which shall befrom the public sector and nine members from the private sector who shallinclude, but shall not be limited to, individuals who representtechnology-based businesses and industrial interests;
(f) Each of the directors of the corporation who is appointed by thegovernor shall serve for a term of four years and until a successor is dulyappointed; except that, of the directors serving on the corporation as ofAugust 28, 1995, three directors shall be designated by the governor toserve a term of four years, three directors shall be designated to serve aterm of three years, three directors shall be designated to serve a term oftwo years, and two directors shall be designated to serve a term of oneyear. Each director shall continue to serve until a successor is dulyappointed by the governor;
(3) The corporation may receive money from any source, may borrowmoney, may enter into contracts, and may expend money for any activitiesappropriate to its purpose;
(4) The corporation may appoint staff and do all other thingsnecessary or incidental to carrying out the functions listed in section348.261;
(5) Any changes in the articles of incorporation or bylaws must beapproved by the governor;
(6) The corporation shall submit an annual report to the governor andto the Missouri general assembly. The report shall be due on the first dayof November for each year and shall include detailed information on thestructure, operation and financial status of the corporation. Thecorporation shall conduct an annual public hearing to receive comments frominterested parties regarding the report, and notice of the hearing shall begiven at least fourteen days prior to the hearing; and
(7) The corporation is subject to an annual audit by the stateauditor and that the corporation shall bear the full cost of the audit.
Articles of incorporation, bylaws, content--members, qualifications.
348.256. The articles of incorporation and bylaws of the Missouritechnology corporation shall provide that:
(1) The purposes of the corporation are to contribute to thestrengthening of the economy of the state through the development ofscience and technology, to promote the modernization of Missouri businessesby supporting the transfer of science, technology and quality improvementmethods to the workplace, and to enhance the productivity and modernizationof Missouri businesses by providing leadership in the establishment ofmethods of technology application, technology commercialization andtechnology development;
(2) The board of directors of the corporation is composed of fifteenpersons. The governor shall annually appoint one of its members, who mustbe from the private sector, as chairman. The board shall consist of thefollowing members:
(a) The director of the department of economic development, or thedirector's designee;
(b) The president of the University of Missouri system, or thepresident's designee;
(c) A member of the state senate, appointed by the president pro temof the senate;
(d) A member of the house of representatives, appointed by thespeaker of the house;
(e) Eleven members appointed by the governor, two of which shall befrom the public sector and nine members from the private sector who shallinclude, but shall not be limited to, individuals who representtechnology-based businesses and industrial interests;
(f) Each of the directors of the corporation who is appointed by thegovernor shall serve for a term of four years and until a successor is dulyappointed; except that, of the directors serving on the corporation as ofAugust 28, 1995, three directors shall be designated by the governor toserve a term of four years, three directors shall be designated to serve aterm of three years, three directors shall be designated to serve a term oftwo years, and two directors shall be designated to serve a term of oneyear. Each director shall continue to serve until a successor is dulyappointed by the governor;
(3) The corporation may receive money from any source, may borrowmoney, may enter into contracts, and may expend money for any activitiesappropriate to its purpose;
(4) The corporation may appoint staff and do all other thingsnecessary or incidental to carrying out the functions listed in section348.261;
(5) Any changes in the articles of incorporation or bylaws must beapproved by the governor;
(6) The corporation shall submit an annual report to the governor andto the Missouri general assembly. The report shall be due on the first dayof November for each year and shall include detailed information on thestructure, operation and financial status of the corporation. Thecorporation shall conduct an annual public hearing to receive comments frominterested parties regarding the report, and notice of the hearing shall begiven at least fourteen days prior to the hearing; and
(7) The corporation is subject to an annual audit by the stateauditor and that the corporation shall bear the full cost of the audit.
