Board of Governors
What is board of governors?
A board of governors is usually the governing board of a public entity or non-profit organizations. It is the public equivalent of the private board of directors. The Board is responsible for the management, administration and control of the property, amount, business and matters of the University, considering the appointment of elderly officials and faculty on the recommendation of the President.
The 38-member Board of Governors has the authority to act and speak for the ABA, consistent with previous action of the House of Delegates, when the House is not in session. A better known example is the Federal Reserve System, which is also partially governed by a board of governors. The British Broadcasting Corporation was managed by a board of governors, though this role has now been taken by the BBC Trust.
The Governors are chosen to constitute the public interest in general and cannot be examples of special interests. Governors may continue to serve following expiration of their term or until a successor is appointed, but not for more than one year. The Board directs the exercise of the powers of the Postal Service, directs and controls its expenditures, reviews its practices, conducts long-range planning, and sets policies on all postal matters.
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