The board of directors of a nonresidential center must:
(1) ensure that the center is operating in a manner that keeps the organization's mission and purpose focused, without becoming involved in day-to-day operations;
(2) hire the center's executive director;
(3) as a whole, or as delegated to the center's finance committee, regularly review actual revenue and expenditures and compare them to budgeted revenue and estimated costs;
(4) review and approve programs and budgets;
(5) maintain and comply with current organizational bylaws; and
(6) review and approve board policies for the organization's operation in accordance with the bylaws.
Source Note: The provisions of this 356.1501 adopted to be effective December 23, 2007, 32 TexReg 9335; amended to be effective September 1, 2013, 38 TexReg 4309; transferred effective April 1, 2024, as published in the March 8, 2024, issue of the Texas Register, 49 TexReg 1507