SECTION 1. Section 4 of an act incorporating the Rhode Island junior college foundation approved May 7, 1979 is hereby amended to read as follows:

Section 4. The management and control of the foundation shall be vested in an executive board a board of directors consisting of the president of the college, the chairman chairperson of the board of regents governors or his/her designee and the vice-president of business affairs of the college, president of the Rhode Island Junior College Community College of Rhode Island alumni association, ex-officio, the director of alumni relations, the officers of the foundation, the chairs of the standing committees of the foundation, the executive director of the foundation, ex officio and sixteen (16) a minimum of seven (7) members elected by the trustees. of which at least nine (9) Some of the board of directors shall be former students alumni of the college. The trustees may from time to time determine the number of, the composition, and term length of the members of the board of directors, as provided by the bylaws of the foundation. At their first meeting, the incorporators shall elect the sixteen (16) elective members of the executive board, four (4) of whom shall serve for five (5) years, three (3) for four (4) years, three (3) for three (3) years, three (3) for two (2) years and three (3) for one (1) year, and in each case until their successors are elected. Thereafter, at each annual meeting as vacancies on the executive board of directors occur from expiration of term, the trustees shall elect members of the executive board of directors who shall serve for five (5) three (3) years and until their successors are elected. Vacancies other than from expiration of term may be filled by the remaining members of the executive board of directors. Any member shall be eligible for reelection. The bylaws may provide that the board of directors may, from time to time at its discretion, allow invited trustees to attend and participate in discussion and debate at board meetings and to grant any or all of them who do attend voting rights as ad hoc members of the board.

SECTION 2. This act shall take effect upon passage.