§ 8701 Purposes.
The purpose of this chapter shall be to initiate, encourage and promote:
(1) A satisfactory alternative to a state-supported veterinary medical school until such time as it appears feasible to establish a state-supported veterinary medical school.
(2) Creation of opportunities for Delaware residents to obtain veterinary training.
(3) A strengthening of the factors favoring the decision of qualified veterinary personnel to practice in Delaware.
§ 8702 Definition.
As used in this chapter:
"Board" means the Board of Trustees of the Delaware Institute of Veterinary Medical Education.
§ 8703 Board — Creation.
There shall be a Board of Trustees of the Delaware Institute of Veterinary Medical Education which shall be a state agency.
§ 8704 Board — Composition; appointment; term; compensation; vacancies; quorum.
(a) The Board shall consist of 5 trustees as follows:
(1) One shall be a veterinary practitioner appointed by the Governor.
(2) One shall be a member of the State Board of Veterinary Examiners and appointed by the Governor.
(3) One shall be a member of the faculty of the University of Delaware and be appointed by the Dean of the College of Agricultural Sciences.
(4) One shall be a faculty member of Delaware State University and be appointed by the Head of the Department of Agriculture and Natural Resources.
(5) One shall be a member of the Delaware Veterinary Medical Association and be appointed by that organization's Executive Board.
(b) All members shall be appointed for terms of 3 years subject to 1 consecutive reappointment. Any member appointed to fill a vacancy shall be appointed only for the unexpired term.
(c) Three members of the Board shall constitute a quorum. A majority of the members present at any meeting at which a quorum is present shall be sufficient for any action by the Board.
§ 8705 Board — Fiscal and property powers.
(a) The Board may provide financial contributions to cooperating veterinary schools to secure positions for qualified residents of Delaware, and may pay or contribute financially to the cost of veterinary medical education of qualified residents of Delaware at any such veterinary school which would benefit the State and/or veterinary medicine students financially, but in no case shall the amount of tuition paid by Delaware residents be less than that which in-state veterinary students pay at the cooperating veterinary school or schools; and may make such other payments as are required for the furtherance of the purposes of the Institute and the performance of the duties of the Board. The Board may not pay or contribute to the normal student costs of veterinary medical education, including, but not limited to, tuition, books, room and board.
(b) The Board may receive, hold, invest, reinvest and use on behalf of the Institute and for any of its purposes, real property, personal property and moneys, or any interest therein, and income therefrom, either absolutely or in trust. The Board may acquire such property or moneys for such purposes by the acceptance of gifts, grants, appropriations, bequests and devises from any sources, either public or private.
§ 8706 Board — Powers generally.
For the effectuation of the purposes of this chapter, the Board, in addition to such other powers expressly granted to it by this chapter, shall have the following powers:
(1) To select such officers, including a Chair, as it may deem desirable from among its own membership;
(2) To adopt and use a seal;
(3) To sue and be sued;
(4) To adopt bylaws and to make and promulgate such rules and regulations as are necessary and proper for the conduct of the business of the Board;
(5) To exercise all other powers not inconsistent with this chapter which may be reasonably necessary or incidental to effectuate the purposes of the Institute.