The Consortium Board shall be no more than seven (7).  The Board shall consist of no more than five (5) representatives of the member institutions whose financial commitment, in the prior fiscal year, was the greatest, and two (2) members elected biennially by the balance of the remaining members, one each on alternating years. Changes of Board membership shall be effective July 1 of each year.

An individual may continue to represent his/her institution on the Board as long as he/she remains the highest-ranking official (or their designee) within the member institution and as long as the member institution is entitled to Board representation.

The Consortium Board shall govern the affairs of the Consortium and in connection there with may exercise all of the powers of the Consortium as provided for in these Bylaws.