(a) Six members of the Board are a quorum.
(b) The Board shall meet at least quarterly or more often as necessary to carry out its duties efficiently.
(c) A member:
(1) may not receive compensation as a member of the Board; but
(2) is entitled to reimbursement for expenses under the Standard State Travel Regulations as provided in the State budget.
(d) Except as provided in subsection (c) of this section, a member may not financially benefit directly or indirectly from the activities of the Fund.
(e) The Department shall provide staff to the Board.