§ 70-3204. State Regents - Body corporate - Official seal - officers - Terms - Powers and duties - Proceedings.

(a) The State Regents shall be a body corporate, and shall adopt an official seal; and all contracts, official documents, awards, degrees or other papers or instruments issued by the State Regents and requiring the official signature of the State Regents shall have the impression of such seal.

(b) The State Regents shall annually elect from its membership a chairman, vice-chairman, secretary, and assistant secretary, each of whom shall serve for a term of one (1) fiscal year.  The chairman shall be the presiding officer of the State Regents.  He shall, on behalf of the State Regents, subscribe the official name thereof, and the secretary shall affix the official seal to all contracts, official documents, awards, degrees or other papers or instruments issued by the State Regents and requiring the official signature of the State Regents.  In the absence, disqualification or disability of the chairman or secretary to act, the vice-chairman and assistant secretary shall perform the duties of such respective officers.  The officers of the State Regents shall have such other powers and perform such other duties as may be prescribed by the State Regents, which shall also adopt such rules and regulations as it deems necessary to govern its proceedings and the conduct of its business.

Laws 1965, c. 396, § 204; Laws 1980, c. 159, § 23, emerg. eff. April 2, 1980.