StacksVerified U.S. regulatory reference

20 U.S.C. § 4413

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)The Board shall have an Executive Board composed of—
    1. (1)the chairman of the Board;
    2. (2)the vice chairman of the Board;
    3. (3)the secretary of the Board;
    4. (4)the treasurer of the Board; and
    5. (5)an at-large member of the Board elected by the Board at its initial meeting.
  2. (b)In the case of any vacancy which occurs in the position of at-large member before the expiration of such member’s term, the Board shall elect a replacement to complete that term.
  3. (c)The Executive Board shall hold not more than 4 regular meetings per calendar year. Special meetings may be held upon the call of the chairman or 3 members of the Executive Board.
  4. (d)A majority of the Executive Board shall constitute a quorum.
  5. (e)The Executive Board may hold and use all the powers of the Board, subject to the approval of the Board.