Vermont Statutes Title 16 Sec. 2880h
Terms Used In Vermont Statutes Title 16 Sec. 2880h
- Committee: means the Vermont Universal Children's Higher Education Savings Account Program Fund Advisory Committee. See
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means Vermont Student Assistance Corporation. See
- Ex officio: Literally, by virtue of one's office.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Program: means the Vermont Universal Children's Higher Education Savings Account Program. See
- Program Fund: means the Vermont Universal Children's Higher Education Savings Account Program Fund. See
§ 2880h. Program Fund Advisory Committee
(a) There is created a Vermont Universal Children’s Higher Education Savings Account Program Fund Advisory Committee to identify and solicit public and private funds for the Program and to advise the Corporation on disbursement of funds.
(b) The Committee shall be composed of the following 11 members:
(1) the Governor or designee, ex officio;
(2) the President of the Corporation or designee, ex officio;
(3) two representatives of the Vermont philanthropy community, appointed by the Governor;
(4) two representatives of the Vermont business community, appointed by the Governor;
(5) two members from Vermont advocacy organizations representing individuals and families with limited income, appointed by the Governor; and
(6) three members selected by the Committee.
(c) Non-ex-officio members shall serve four-year terms, appointed and selected in such a manner that no more than three terms shall expire annually. (Added 2015, No. 45, § 2.)