(a) The Board shall hold a regularly scheduled business meeting at least once in each calendar year and at such times as the President deems necessary, or at the request of a majority of the Board members.
(b) The Board annually shall elect a president and secretary. Each officer shall serve for 1 year, and shall not succeed oneself for more than 2 consecutive terms.
(c) A majority of the members shall constitute a quorum for the purpose of transacting business, and no disciplinary action shall be taken without the affirmative vote of at least 3 members.
(d) Minutes of all meetings shall be recorded, and the Division of Professional Regulation shall maintain copies. At any hearing where evidence is presented, a record from which a verbatim transcript can be prepared shall be made. The expense of preparing any transcript shall be incurred by the person requesting it.