The Board of Directors shall be elected by the Board of Directors of the James B. Hunt, Jr. Institute for Educational Leadership and Policy, a part of the University of North Carolina (the “Institute”). There shall not be less than one (1) nor more than thirty-one (31) members of the Board of Directors. Directors of the Foundation need not be residents of the State of North Carolina. Each director of the Foundation must also be a director of the Institute. Once an individual no longer qualifies or serves as a director of the Institute for any reason, he or she is deemed to have resigned as a director of the Foundation effective immediately.
Each director shall serve until he resigns, dies, is removed or is otherwise unable to serve.
