2 AAC 55.030 - Qualified corporations

A corporation is qualified to receive funds and properties from the commission and to establish and operate public broadcasting facilities in this state if

(1) the corporation is organized as a nonprofit organization under AS 10.20 and is qualified as tax exempt by the United States Internal Revenue Service; and
(2) the corporation's articles of incorporation provide for
(A) a board of directors consisting of a minimum of five members representative of the geographic area and population served by the facility;
(B) a plan for rotation of membership on the board of directors among the people served by the facility;
(C) an agent of the commission to be a nonvoting, ex-officio member of the board of directors;
(D) all meetings of the board of directors to be open to the public;
(E) the giving of reasonable notice to the public of board of directors meetings;
(F) board of directors meetings to be held at least quarterly on a specified day of specified months;
(G) a prohibition against the use of proxies at board of directors meetings, however proxies may be used to establish a quorum at membership meetings of the corporation;
(H) any action taken at a board of directors meeting which is not a public meeting to be void;
(I) all meetings to be consistent with the provisions of AS 44.62.310 and 44.62.312 regarding public meetings, as if the qualified corporation where a governmental entity subject to AS 44.62.310 and 44.62.312; and
(J) a prohibition against allowing any employee of the corporation to be a board member.

Notes

2 AAC 55.030
Eff. 9/1/73, Register 47; am 6/24/79, Register 70; am 7/10/83, Register 87

Authority:AS 44.21.264

AS 44.21.266

AS 44.21.268

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