Page:United States Statutes at Large Volume 114 Part 5.djvu/923

 PUBLIC LAW 106-568—DEC. 27, 2000 114 STAT. 2937 "(1) IN GENERAL.— The Board of Directors shall be the governing body of the Foundation. The Board may exercise, or provide for the exercise of, the powers of the Foundation. "(2) SELECTION. — The number of members of the Board, and their terms of office shall be as provided in the constitution and bylaws of the Foundation. However, the Board shall have at least 11 members, two of whom shall be the Secretary and the Assistant Secretary of the Interior for Indian Affairs, who shall serve as ex officio nonvoting members, and the initial voting members of the Board shall be appointed by the Secretary not later than 6 months after the date that the Foundation is established and shall have staggered terms (as determined by the Secretary). "(3) QUALIFICATION. — The members of the Board shall be United States citizens who are knowledgeable or experienced in American Indian education and shall, to the extent practicable, represent diverse points of view relating to the education of American Indians. "(4) COMPENSATION. — Members of the Board shall not receive compensation for their services as members, but shall be reimbursed for actual and necessary travel and subsistence expenses incurred by them in the performance of the duties of the Foundation. "(g) OFFICERS. — ' "(1) IN GENERAL.— The officers of the Foundation shall be a secretary, elected from among the members of the Board, and any other officers provided for in the constitution and bylaws of the Foundation. "(2) SECRETARY OF FOUNDATION. — The secretary shall serve, at the direction of the Board, as its chief operating officer and shall be knowledgeable and experienced in matters relating to education in general and education of American Indians in particular. "(3) ELECTION. —The manner of election, term of office, and duties of the officers shall be as provided in the constitution and bylaws of the Foundation. "(h) POWERS.—The Foundation— "(1) shall adopt a constitution and bylaws for the management of its property and the regulation of its Eiffairs, which may be amended; "(2) may adopt and alter a corporate seal; "(3) may make contracts, subject to the limitations of this Act; "(4) may acquire (through a gift or otherwise), own, lease, encumber, and transfer real or personal property as necessary or convenient to carry out the purposes of the Foundation; "(5) may sue and be sued; and "(6) may perform any other act necessary and proper to carry out the purposes of the Foundation, "(i) PRINCIPAL OFFICE. — The principal office of the Foundation shall be in the District of Columbia. However, the activities of the Foundation may be conducted, and offices may be maintained, throughout the United States in accordance with the constitution and bylaws of the Foundation.
 * the manner of their selection (including the filling of vacancies),

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