(a) A director or officer may be suspended or removed from office for:
(1) incompetency;
(2) official misconduct;
(3) official gross negligence;
(4) habitual drunkenness; or
(5) nonattendance at six consecutive regular board meetings.
(b) A director or officer may not be suspended or removed from office unless:
(1) charges against the director or officer are filed in writing; and
(2) the director or officer is given an opportunity for a fair hearing before the board.
(c) An affirmative vote of not fewer than eight of the directors is required to suspend or remove a director or officer.