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SECTION 2-10. POWERS OF THE BOARD OF TRUSTEES

(a) The Board of Trustees shall exercise the corporate powers prescribed by law.

(b) The Trustees shall have the power to make such rules and regulations for the management of The University of North Carolina as they may deem necessary and expedient, not inconsistent with the Constitution and laws of the State. (G.S. 116-10)

(c) The Trustees shall have the power of appointing a President. The Trustees shall have the power to appoint, on the recommendation of the President, such officers, faculty members and tutors of The University of North Carolina as to them shall appear necessary and proper, whom they may remove for misbehavior, inability or neglect of duty. (cf. G.S. 116-12)

(d) The Trustees shall have the power to approve or disapprove the awarding of honorary degrees by The University of North Carolina or any of its component institutions, (cf. G.S. 116-16)

(e) The Trustees shall have the power to make such rules and regulations and adopt such ordinances governing the use of the streets, drives and parking areas of the campuses of the institutions comprising The University of North Carolina as are not inconsistent with the provision of chapter 20, General Statutes of North Carolina, (cf. G.s. 116-44.1 /b/

(f) The Trustees shall have the power to appoint from their own number an Executive Committee which shall be clothed with such powers as the Trustees may confer. (G.S. 116-11)

(g) The Trustees shall have the power to appoint from time to time one or more Fiscal Agents and shall enter into such contracts with said Fiscal Agent or Agents as may be necessary.

SECTION 2-11. STANDING COMMITTEES OF THE BOARD OF TRUSTEES

The titles, membership, terms of office and duties of the standing committees of the Board of Trustees shall be as set out in this section. Regular elections to all standing committees shall be made at the commencement meeting of the Board, and terms shall begin immediately upon election, except in 1962 when elections to committees shall take place at a special meeting in the fall and terms shall date from the Commencement meeting of 1962. Beginning in 1962, elections to all standing committees, except the Executive Committee, shall be for terms of four years. However, persons previously elected to committees for longer terms shall serve until the end of the terms for which they were elected. Elections to fill vacancies for unexpired terms on any committee may be held at any regular meeting of the Board provided proper notice has been given in accordance with Section 2-4 (b). The principle of rotation is applied in election of committees, and it is understood that a proportionate number of the committee shall serve for shorter terms until the rotation is established. Standing committees, except the Executive Committee, shall see to their own organization by electing a chairman from their members at the first meeting in each year following elections.

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