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The Board of Control is the governing body of Saginaw Valley State University.  It was established when the State of Michigan ratified Act 278 of 1965.
Michigan Legislature - Act 278 of 1965 

The board is comprised of eight members who are appointed to eight-year terms by the governor, subject to confirmation by the Michigan Senate. The term of office is eight years, with two members rotating off every two years in odd-numbered years.  The president of the institution serves as an ex-officio member of the board without the right to vote.