§7505. Private support organization
1. Designation of private support organization.
The executive director of the commission, with the consent of the voting members
of the commission, shall designate a nonprofit corporation as the private support
organization for the commission. The nonprofit corporation must be incorporated under
the laws of this State and for purposes that are consistent with the goals, objectives,
programs, responsibilities and functions of the commission.
The commission's private support organization must be organized and operated exclusively
to receive, hold, invest and administer property and funds and to make expenditures
to and for the benefit of the commission.
[
2015, c. 94, §1 (NEW)
.]
2. Board of directors.
A member of the private support organization's board of directors may not also be
a member of the commission. The executive director of the commission, or the executive
director's designee, shall serve as a nonvoting ex-officio member of the private support
organization's board of directors.
[
2015, c. 94, §1 (NEW)
.]
3. Scope of work.
The private support organization shall operate under a memorandum of understanding
negotiated annually by the commission that outlines a plan of work consistent with
the purposes and goals of the commission and shall submit an annual budget for review
and approval by the commission by June 1st.
The memorandum of understanding must further stipulate the reversion to the commission,
or to the State if the commission ceases to exist, of money and property held in trust
by the private support organization if the private support organization is no longer
designated by the commission pursuant to subsection 1.
[
2015, c. 94, §1 (NEW)
.]
4. Use of property.
The commission may authorize the private support organization to use the commission's
facilities, equipment and other property, except money, in keeping with the purposes
of the private support organization.
[
2015, c. 94, §1 (NEW)
.]
SECTION HISTORY
2015, c. 94, §1 (NEW).
