SECTION 9.1: The standing committees of the Board of Regents shall be the Executive Committee, the Academic Affairs Committee, the Finance & Audit Committee, the Investment & Advancement Committee, and the Student Engagement & Campus Life Committee. Members and chairpersons of the standing committees of the Board shall be selected by the Chairperson of the Board of Regents. Other standing committees of the Board shall be determined by the Board with members appointed by the Chairperson. Ad hoc committees may be created by the Chairperson, who may also determine their memberships.

SECTION 9.2: Committees shall possess no delegated authority of the Board of Regents unless approved by a majority vote of the Board or as allowed under these Bylaws. All actions of each committee, unless taken with delegated authority, shall constitute recommendations to the Board and shall be subject to approval by a majority vote of the Board.

SECTION 9.3: All Committee members shall serve for a term of one year or until their successors have been duly selected by the Chairperson. In the event of a vacancy on a committee, the successor member shall be selected by the Chairperson of the Board of Regents and shall hold office for the balance of the term of office of the person vacating the office.

SECTION 9.4: The Executive Committee shall be composed of the Chairperson and Vice Chairperson of the Board of Regents, the standing committee chairpersons, and the past Board Chairperson.