Section 5
SEC. 5. The governing body of the State University shall be the Board of Regents, hereinafter referred to as the Board, which shall be composed of the following: Chairman of the Commission on Higher Education (CHED), Chairman; President of the University, Vice-Chairman; Chairman of the Committee on Education, Arts and Culture of the Senate, member; Chairman of the Committee on Education and Culture of the House of Representatives, member; Regional Director of the National Economic and Development Authority (NEDA), where the main campus of the University is located, member; President of the federation of faculty associations of the University, member; President of the federation of student councils of the University, member; President of the alumni association of the University, member; and Two (2) prominent citizens who have distinguished themselves in their professions or fields of specialization of the University, chosen from among a list of at least five (5) persons qualified in the Province of Cavite, as recommended by the search committee constituted by the University President, in consultation with the Chairman of the CHED, based on the normal standards and qualifications for the position, members. The term of office of the President of the faculty associations, the President of the federation of student councils and the President of the alumni association shall be coterminous with their respective terms of office. The two (2) prominent citizens shall serve for a term of two (2) years. In multi-campus universities, the faculty, alumni, and the student council shall be represented by the presidents of federations. In case of vacancy in the office of the president, the officer-in-charge of the University designated by the Board shall serve for the unexpired term only. The President of the University, whose term may be terminated, according to this Act, shall be entitled to full retirement benefits under existing laws.