GRANTEE CORPORATE BOARDS OF DIRECTORS.

SEC. 307. [22 U.S.C. 6206] GRANTEE CORPORATE BOARDS OF DIRECTORS. (a) In General.—The corporate board of directors of each grantee under this title— (1) shall be bipartisan; (2) shall, except as otherwise provided in this Act, have the sole responsibility to operate their respective grantees within the jurisdiction of their respective States of incorporation; (3) shall be composed of not fewer than 5 members, who shall be qualified individuals who are not employed in the public sector; and (4) shall appoint successors in the event of vacancies on their respective boards, in accordance with applicable bylaws. (b) Not Federal Employees.—No employee of any grantee under this title may be a Federal employee.