Each director shall take office on January first of the year following the election, or not later than sixty days after a special election.
An office becomes vacant:
(1) Upon the occurrence of any event listed in § 3-4-1; or
(2) Upon the expiration of a term of office, if no qualifying petitions have been filed or if no successor has qualified for the office, unless otherwise provided in chapters 46A-3A to 46A-3E, inclusive.
If an office becomes vacant, the remaining directors must fill the position by appointing a qualified candidate from the director area for which a vacancy exists. The individual appointed to fill the vacancy shall serve for the remainder of the unexpired term.