GEORGIA STATUTES AND CODES
               		§ 20-6-1 - Approval and terms of compact
               		
               		
               	 	
               	 	               	 	
               	 	
               	 	
               	 		
O.C.G.A.    20-6-1   (2010)
   20-6-1.    Approval and terms of compact 
      The  following compact, as amended, is approved and this state is declared  to be a party thereto; and agreements, covenants, and obligations  therein are binding upon the State of Georgia:
  
"THE REGIONAL COMPACT
  
  
(as amended)
  
Whereas,  The States who are parties hereto have during the past several years  conducted careful investigation looking toward the establishment and  maintenance of jointly owned and operated regional educational  institutions in the Southern States in the professional, technological,  scientific, literary and other fields, so as to provide greater  educational advantages and facilities for the citizens of the several  States who reside within such region; and
Whereas,  Meharry Medical College of Nashville, Tennessee, has proposed that its  lands, buildings, equipment, and the net income from its endowment be  turned over to the Southern States, or to an agency acting in their  behalf, to be operated as a regional institution for medical, dental and  nursing education upon terms and conditions to be hereafter agreed upon  between the Southern States and Meharry Medical College, which  proposal, because of the present financial condition of the institution,  has been approved by the said States who are parties hereto; and
Whereas,  The said States desire to enter into a compact with each other  providing for the planning and establishment of regional educational  facilities;
Now, therefore, in  consideration of the mutual agreements, covenants and obligations  assumed by the respective States who are parties hereto (hereinafter  referred to as 'States'), the said several States do hereby form a  geographical district or region consisting of the areas lying within the  boundaries of the contracting States which, for the purposes of this  compact, shall constitute an area for regional education supported by  public funds derived from taxation by the constituent States and derived  from other sources for the establishment, acquisition, operation and  maintenance of regional educational schools and institutions for the  benefit of citizens of the respective States residing within the region  so established as may be determined from time to time in accordance with  the terms and provisions of this compact.
The  States do further hereby establish and create a joint agency which  shall be known as the Board of Control for Southern Regional Education  (hereinafter referred to as the 'Board'), the members of which Board  shall consist of the Governor of each State, ex officio, and four  additional citizens of each State to be appointed by the Governor  thereof, at least one of whom shall be selected from the field of  education, and at least one of whom shall be a member of the legislature  of that State. The Governor shall continue as a member of the Board  during his tenure of office as Governor of the State, but the members of  the Board appointed by the Governor shall hold office for a period of  four years except that in the original appointments one Board member so  appointed by the Governor shall be designated at the time of his  appointment to serve an initial term of two years, one Board member to  serve an initial term of three years, and the remaining Board member to  serve the full term of four years, but thereafter the successor of each  appointed Board member shall serve the full term of four years.  Vacancies on the Board caused by death, resignation, refusal or  inability to serve, shall be filled by appointment, by the Governor for  the unexpired portion of the term. The officers of the Board shall be a  Chairman, a Vice-Chairman, a Secretary, a Treasurer, and such additional  officers as may be created by the Board from time to time. The Board  shall meet annually and officers shall be elected to hold office until  the next annual meeting. The Board shall have the right to formulate and  establish bylaws not inconsistent with the provisions of this compact  to govern its own actions in the performance of the duties delegated to  it including the right to create and appoint an Executive Committee and a  Finance Committee with such powers and authority as the Board may  delegate to them from time to time. The Board may, within its  discretion, elect as its Chairman a person who is not a member of the  Board, provided such person resides within a signatory State, and upon  such election such person shall become a member of the Board with all  the rights and privileges of such membership.
It  shall be the duty of the Board to submit plans and recommendations to  the States from time to time for their approval and adoption by  appropriate legislative action for the development, establishment,  acquisition, operation and maintenance of educational schools and  institutions within the geographical limits of the regional area of the  States, of such character and type and for such educational purposes,  professional, technological, scientific, literary, or otherwise, as they  may deem and determine to be proper, necessary or advisable. Title to  all such educational institutions when so established by appropriate  legislative actions of the States and to all properties and facilities  used in connection therewith shall be vested in said Board as the agency  of and for the use and benefit of the said States and the citizens  thereof, and all such educational institutions shall be operated,  maintained and financed in the manner herein set out, subject to any  provisions or limitations which may be contained in the legislative acts  of the States authorizing the creation, establishment and operation of  such educational institutions.
In addition  to the power and authority heretofore granted, the Board shall have the  power to enter into such agreements or arrangements with any of the  States and with educational institutions or agencies, as may be required  in the judgment of the Board, to provide adequate services and  facilities for graduate, professional, and technical education for the  benefit of the citizens of the respective States residing within the  region, and such additional and general power and authority as may be  vested in the Board from time to time by legislative enactment of the  said States.
Any two or more States who are  parties of this compact shall have the right to enter into supplemental  agreements providing for the establishment, financing and operation of  regional educational institutions for the benefit of citizens residing  within an area which constitutes a portion of the general region herein  created, such institutions to be financed exclusively by such States and  to be controlled exclusively by the members of the Board representing  such States provided such agreement is submitted to and approved by the  Board prior to the establishment of such institutions.
Each  State agrees that, when authorized by the Legislature, it will from  time to time make available and pay over to said Board such funds as may  be required for the establishment, acquisition, operation and  maintenance of such regional educational institutions as may be  authorized by the States under the terms of this compact, the  contribution of each State at all times to be in the proportion that its  population bears to the total combined population of the States who are  parties hereto as shown from time to time by the most recent official  published report of the Bureau of Census of the United States of  America; or upon such other basis as may be agreed upon.
This  compact shall not take effect or be binding upon any State unless and  until it shall be approved by proper legislative action of as many as  six or more of the States whose Governors have subscribed hereto within a  period of eighteen months from the date hereof. When and if six or more  States shall have given legislative approval to this compact within  said eighteen months' period, it shall be and become binding upon such  six or more States 60 days after the date of legislative approval by the  sixth State and the Governors of such six or more States shall  forthwith name the members of the Board from their States as hereinabove  set out, and the Board shall then meet on call of the Governor of any  State approving this compact, at which time the Board shall elect  officers, adopt bylaws, appoint committees and otherwise fully organize.  Other States whose names are subscribed hereto shall thereafter become  parties hereto upon approval of this compact by legislative action  within two years from the date hereof, upon such conditions as may be  agreed upon at the time. Provided, however that with respect to any  State whose constitution may require amendment in order to permit  legislative approval of the compact; such State or States shall become  parties hereto upon approval of this compact by legislative action  within seven years from the date hereof, upon such conditions as may be  agreed upon at the time.
After becoming  effective this compact shall thereafter continue without limitation of  time provided, however, that it may be terminated at any time by  unanimous action of the States and provided further that any State may  withdraw from this compact if such withdrawal is approved by its  legislature, such withdrawal to become effective two years after written  notice thereof to the Board accompanied by a certified copy of the  requisite legislative action, but such withdrawal shall not relieve the  withdrawing State from its obligations hereunder accruing up to the  effective date of such withdrawal. Any State so withdrawing shall ipso  facto cease to have any claim to or ownership of any of the property  held or vested in the Board or to any of the funds of the Board held  under the terms of this compact.
If any  State shall at any time become in default in the performance of any of  its obligations assumed herein or with respect to any obligation imposed  upon said State as authorized by and in compliance with the terms and  provisions of this compact, all rights, privileges and benefits of such  defaulting State, its members on the Board and its citizens shall ipso  facto be and become suspended from and after the date of such default.  Unless such default shall be remedied and made good within a period of  one year immediately following the date of such default this compact may  be terminated with respect to such defaulting State by an affirmative  vote of three-fourths of the members of the Board (exclusive of the  members representing the State in default), from and after which time  such State shall cease to be a party to this compact and shall have no  further claim to or ownership of any of the property held by or vested  in the Board or to any of the funds of the Board held under the terms of  this compact, but such termination shall in no manner release such  defaulting State from any accrued obligation or otherwise affect this  compact or the rights, duties, privileges or obligations of the  remaining States thereunder.
In witness  whereof this compact has been approved and signed by Governors of the  several States, subject, to the approval of their respective  legislatures in the manner hereinabove set out, as of the 8th day of  February, 1948."