7 CFR §63.110
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The management of the NSIIC shall be vested in the Board of Directors. The Board shall have the following powers and duties:
- (a)Be responsible for the general supervision of the NSIIC;
- (b)Review any grant or contract agreement to be made or entered into by the NSIIC and any financial assistance provided to the NSIIC;
- (c)Make the final decision, by majority vote, on whether or not to provide grants to an eligible entity in accordance with the strategic plan;
- (d)Develop and establish a budget plan and long-term operating plan to carry out the goals of the NSIIC;
- (e)Adopt, and amend as appropriate, bylaws as necessary for the proper management and functioning of the NSIIC;
- (f)Provide a system of organization to fix responsibility and promote efficiency in carrying out the functions of the NSIIC;
- (g)Appoint and establish compensation for an executive director, who will serve at the pleasure of the Board, to be the chief executive officer of the NSIIC;
- (h)Appoint other officers, attorneys, employees, and agents as necessary and set forth their respective duties and powers;
- (i)Delegate, by resolution, to the chairperson, the executive director, or any other officer or employee any function, power, or duty of the Board—other than voting on a grant, contract, agreement, budget, or annual strategic plan; and
- (j)Consult with the following entities to carry out this part: