How often does the board meet to elect a president and secretary from among its members?

The board meets once a year to elect a president and secretary from among its members. This annual election process ensures that leadership roles are rotated regularly, promoting a fresh perspective and dynamic leadership within the board. Holding these elections annually simplifies governance and allows for a clear timeline, making it easier for members to prepare and participate in the election process. This frequency aligns with the usual administrative practices of various regulatory boards, which often seek to maintain efficiency and continuity in operations while also allowing for periodic changes in leadership.