(a) The board shall meet annually at such time and place as may be agreed upon by a majority of the members, at which meeting it shall elect from its membership a president, vice president, and secretary. The board is authorized to create other officers and to adopt such rules and regulations as may be proper for the efficient operation of the board.
(b) Four (4) members of the board shall constitute a quorum for the transaction of all business.
(c) The board shall meet at such other times and places to conduct business upon call of the president.
(d) The board shall adopt a seal that shall be affixed to all licenses issued by the board and to other papers requiring the same.
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