1997 Minnesota Statutes

     116O.04 Corporate personnel. 

    Subdivision 1.    Generally.  The board shall appoint 
 and set the compensation for a president, who serves as chief 
 executive officer of the corporation, and who may appoint 
 subordinate officers.  The president's salary may not exceed 95 
 percent of the governor's salary.  The board may designate the 
 president as its general agent.  Subject to the control of the 
 board, the president shall employ employees, consultants, and 
 agents the president considers necessary.  The staff of the 
 corporation must include individuals knowledgeable in commercial 
 and industrial financing, energy conservation, research and 
 development, economic development, and general fiscal affairs.  
 The board shall define the duties and designate the titles of 
 the employees and agents. 

    Subd. 2.    Status of employees.  (a) Employees, 
 officers, and directors of the corporation and programs governed 
 by this chapter are not state employees, but are covered by 
 section 3.736 and, at the option of the board, may participate 
 in the state retirement plan and the state deferred compensation 
 plan for employees in the unclassified service and an insurance 
 plan administered by the commissioner of employee relations. 

    (b) The board of Minnesota Project Innovation, Inc., may 
 extend the health care insurance benefits and coverage 
 referenced in paragraph (a) to all of its employees. 

    Subd. 3.    Contributions to public officials; disclosure. 
  The president shall file a statement with the campaign 
 finance and public disclosure board disclosing the nature, 
 amount, date, and recipient of any contribution made to a public 
 official which: 

    (1) was made within the four years preceding employment 
 with the Minnesota Technology, Inc. board; and 

    (2) was subject to the reporting requirements of chapter 
 10A. 

    The statement must be updated annually during the 
 president's employment to reflect contributions made to public 
 officials during the president's tenure. 

    Subd. 4.    Personnel policies.  (a) The corporation 
 must adopt and periodically revise, if necessary, an affirmative 
 action plan similar to the affirmative action plan under section 
 43A.19, subdivision 1.  The corporation is subject to the audit 
 and reporting requirements under section 43A.191, subdivision 3. 

    (b) Employees of the corporation are subject to the 
 prohibition of political activities and required leave of 
 absences under section 43A.32. 

    (c) Employees of the corporation are subject to the code of 
 ethics requirements under section 43A.38. 

    HIST: 1987 c 386 art 2 s 4; 1988 c 686 art 1 s 67; 1988 c 708 
 s 3; 1989 c 335 art 4 s 57; 1991 c 322 s 3,19; 1993 c 163 art 2 
 s 4; 1994 c 554 s 1; 1997 c 202 art 2 s 63