Eligibility to Serve. Each Independent Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 75 years.
Eligibility to Serve. Each Trustee who is not an interested person of the Trust, as defined in the 1940 Act, shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 70 years.
Eligibility to Serve. No person shall be appointed or elected to serve as a Trustee after attaining the age of 65 years. Any Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 72 years. [adopted 6/15/93; amended 1/16/02]
Eligibility to Serve. No person shall be appointed to serve as a Trustee after attaining the age of 75 years. Any Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 75 years, except that upon the vote of a majority of the Trustees who are not “interested persons,” as defined in Section 2(a)(19) of the Investment Company Act of 1940 Act, as amended, the term of a Trustee may be extended past the end of the calendar year in which he attains the age of 75. [added 2/2/93; amended 12/2/94, 2/25/97, 5/20/02, 11/12/02 and 12/17/09]
Eligibility to Serve. Eligibility to serve shall include all contract faculty assigned to the program. An adjunct faculty member shall be eligible to serve with prior management approval.
Eligibility to Serve. Each Member shall determine the eligibility or qualification standards for its Commission appointment, following guidelines promulgated by the Board.
Eligibility to Serve. No person shall be appointed to serve as a trustee after attaining the age of 65 years. Any Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 75 years, except that this provision shall not apply to Xxxxxx X. Xxxxxx, the founder of The Acorn Fund, Inc., the predecessor of the Trust, or to the chairman or vice- chairman of the board of trustees, or to the chairman of the executive committee of the board of trustees. [added 2/2/93; amended 12/2/94 and 2/25/97]
Eligibility to Serve. Each Member shall determine the eligibility or qualification standards for its Director appointment. Eligible appointees must be elected officials and compliant with Minnesota Statutes, Section 103B.227, which, among other things, provides that local units of government staff may not serve as a Director.
Eligibility to Serve. Eligibility to Serve. Each Trustee shall retire as a Trustee as of the end of the calendar year in which the Trustee attains the age of 75 years. [added 2/2/93; amended 12/2/94, 2/25/97, 5/20/02 and 11/12/02]
Eligibility to Serve. 3 Section 4.
