The corporation consists of four ex officio members: the president of the college, the Prior Provincial of the Dominican Province of St. Joseph, the Bishop of the Diocese of Providence, and the chairman of the board of trustees. In addition, there are eight other members, each of whom serve three-year terms; four are Dominican friars and four are lay persons. The corporation has the "ultimate authority to exercise control over ownership of property, to promulgate and amend the by-laws, to accept or reject the recommendation for election to the Presidency of the College by the Board of Trustees, and to elect members of the Corporation and of the Board of Trustees."[1]