| 2. Qualifications. Each member must be a resident of this |
| State. One member must be the Treasurer of State, ex officio |
and nonvoting, or the Treasurer of State's designee. Of the |
| remaining 6 members to be appointed by the Governor, 3 members |
| must be trustees, directors, officers or employees of |
| institutions of higher education, one of whom must be from an |
| institution not owned or operated by the State or any of its |
| political subdivisions and one of whom must be from a |
| technical college owned or operated by the State. Each member |
| of the authority, before entering upon that member's duties, |
| shall take and subscribe the oath or affirmation required by |
| the Constitution of Maine, Article IX, Section 1. A record of |
| each oath must be filed in the office of the Secretary of |
| State. With the exception of a member serving in an ex |
| officio capacity, a member of the authority may not at the |
| same time serve as an officer, director or employee of a |
| nonprofit corporation formed under section 11407 and former |
| Title 20, section 2237, of the state agency designated as |
| administrator of federal guaranteed student loan programs |
pursuant to chapter 417, subchapter I 1 or of any entity that |
| has a contract to provide a significant level of |
| administrative services to the authority, to a nonprofit |
| corporation formed under section 11407 and former Title 20, |
| section 2237 or to the state agency designated as |
| administrator of federal guaranteed student loan programs |
pursuant to chapter 417, subchapter I 1. |