The director of the department of economic development shall:
- (1) Review requests for assistance submitted by Missouri companies, including those in financial difficulty and in danger of closing;
- (2) Determine which companies that submit requests could be helped by a plan developed by a team;
(3) Select the members of a team. The members shall be composed of persons with knowledge and experience in a field which is, as nearly as possible, similar to the business. The members shall be:
- (a) Experienced corporate managers on loan from successful businesses;
- (b) Specialists, from businesses or institutions of higher education, in areas of finance, business modernization, manufacturing, engineering, law or marketing;
- (c) Successful retired business executives; and
- (d) Government officials;
- (4) Supply to a team such professional, technical, legal, stenographic and clerical help as may be necessary for it to perform its duties.
(L. 1993 H.B. 566 § 3, A.L. 1994 H.B. 1248 & 1048)