(1) A board of directors shall manage and control each regional mobility authority created under this chapter, including the following: Property;
(2) Operations;
(3) Business; and
(4) Affairs.
(5) The board of directors shall be solely responsible for selecting the chair of the board of directors and establishing procedures by which it shall operate.
(6) A director shall not receive compensation in any form from or for his or her services as a director.
(7) Each director shall be entitled to reimbursement by the regional mobility authority for any necessary expenditures incurred in connection with the performance of his or her general duties as a director.