(a) The Board shall hold regularly-scheduled business meetings at least once in each quarter of a calendar year, and at such other times as the president deems necessary or as requested by a majority of the Board.
(b) The Board annually shall elect a president and vice-president. Each officer will serve for 1 year and may not succeed one’s self for more than 2 consecutive terms.
(c) A majority of the members shall constitute a quorum for the purpose of transacting business.
(d) Minutes of all meetings must be recorded and the Division must maintain copies of the minutes. At any hearing where evidence is presented, a record from which a verbatim transcript can be prepared will be made. The person requesting the transcript will incur the cost of preparing any transcript.