History: En. Sec. 16, Ch. 316, L. 1989; amd. Sec. 1, Ch. 594, L. 1991; amd. Sec. 1, Ch. 549, L. 1997.
2-15-1818.
(2) The board consists of nine members appointed by the governor as prescribed in 2-15-124.
(3) In making appointments to the board, the governor shall consider people with extensive interest and experience in science and technology and the application of such interest and experience to economic development in Montana.
(4) The membership of the board must include:
(a) at least three members with knowledge of early stage financing of private businesses;
(b) at least one member with expertise in applied technology development; and
(c) at least five members from the private sector.
(5) The board is designated a quasi-judicial board for purposes of 2-15-124.
(6) A member of the board appointed after May 7, 1997, may not be an officer or an employee of an entity that has received funding from the board.