(1) The board shall consist of five (5) members who shall be residents of the Commonwealth of Kentucky. Four (4) members shall be Kentucky-licensed embalmers and Kentucky-licensed funeral directors actively practicing embalming and funeral directing in a Kentucky funeral establishment and shall have a minimum of ten (10) years' consecutive experience in the practice of embalming and funeral directing in Kentucky immediately preceding their appointment. One (1) member shall be a citizen at large who is not associated with or financially interested in the practice or business regulated.
(2) The Governor shall make all appointments to the board. The four (4) embalmer and funeral director members shall be appointed from a list of three (3) names submitted by the Funeral Directors Association of Kentucky and from a list of three (3) names submitted by the Kentucky Association of Morticians, Inc., for each position to be filled.
(3) The term of each member shall be four (4) years. Each member shall serve until a successor is appointed and qualified.
(4) Vacancies on the board shall be filled in the same manner for the unexpired terms.
(5) Each board member shall receive compensation as set forth in administrative regulation, not to exceed two hundred dollars ($200) for each day of service actually given in carrying out the board's duties and shall be reimbursed for necessary traveling expenses and other necessary expenses incurred in attending board meetings and carrying out the board's duties.
(6) The board shall elect annually a president from its members.
(7) The board shall meet as often as necessary to discharge its duties, but not less than once a year.
(8) Three (3) members shall constitute a quorum.