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    <description>Section 378U permits the Board of a Producer Company to constitute committees to assist in its functions while the Board retains oversight; committees may co opt members with Board approval but must include the Chief Executive or a director, cannot be delegated Board powers or Chief Executive functions, must act under the Board&#039;s general superintendence and place committee minutes before the Board, and have member fees determined by the Board.</description>
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      <description>Section 378U permits the Board of a Producer Company to constitute committees to assist in its functions while the Board retains oversight; committees may co opt members with Board approval but must include the Chief Executive or a director, cannot be delegated Board powers or Chief Executive functions, must act under the Board&#039;s general superintendence and place committee minutes before the Board, and have member fees determined by the Board.</description>
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