Sec. 4. (a) The commanding officer of a company and regiment shall convene a council of administration at least two (2) times each year.
(b) A council of administration must consist of:
(1) three (3) officers next in rank to the commanding officer;
(2) if there are only two (2) officers next in rank, then the next two (2);
(3) if there is only one (1) officer next in rank, then the next one (1); or
(4) if there is not any other officer other than the commanding officer, then the commanding officer shall act alone.