§206P-5 Corporation shall be exempt from certain state laws. In order to promote cooperative projects with private firms or persons, the corporation shall be granted flexibility in hiring its personnel and in handling and shall not be subject to the following state laws:

(1) Chapter 76, relating to civil service;

(2) Chapter 77, relating to compensation; and

(3) Section 78-1, relating to public employment. [L Sp 1988, c 1, pt of §2; am L 1993, c 280, §10(2)]