{"data":{"id":"us-me/10-m.r.s.-384","jurisdiction":"us-me","citation":"10 M.R.S. §384","heading":"Board","body":"1.  Establishment; membership.  There is established as a body corporate and politic and a public instrumentality of the State the Small Enterprise Growth Board, which consists of 11 members appointed by the Governor as follows:\nA.  An experienced commercial lender;\nB.  An attorney with knowledge of securities law;\nC.  Five members of the public who have knowledge and experience in managing or investing in high-growth small businesses;\nD.  Three members of the public who have knowledge and experience in the development of technological innovation; and\nE.  The Commissioner of Economic and Community Development or the commissioner's designee, who shall serve as a voting ex officio member of the board.\n2.  Officers.  The board shall annually elect a chair, vice-chair and treasurer from among its members.\n3.  Terms.  The members other than the Commissioner of Economic and Community Development or the commissioner's designee serve for 3-year terms and may be reappointed for up to 2 consecutive terms.  A member may serve for more than 2 3-year terms if the terms are not consecutive.\n4.  Compensation.  Members are entitled to compensation in accordance with Title 5, chapter 379.","path":["TITLE 10: COMMERCE AND TRADE","PART 1: GENERAL PROVISIONS","CHAPTER 13: SMALL ENTERPRISE GROWTH PROGRAM"],"source_url":"https://legislature.maine.gov/statutes/10/title10sec384.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"5fb29f87c026b98a2126573872f0563e29424bd8d33cb531160df7ce13d45ddf","source_id":"us-me","stale":false,"prev":"us-me/10-m.r.s.-383","next":"us-me/10-m.r.s.-385"},"notice":"GroundRules: Original legal text. Not legal advice."}