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What is the accurate statement regarding the meeting in which the President and Secretary of the Board are elected?

  1. They are elected once every two years only

  2. They are elected at every annual meeting

  3. The election occurs only if requested by the licensees

  4. They are chosen during surprise meetings

The correct answer is: They are elected at every annual meeting

The accurate statement regarding the election of the President and Secretary of the Board is that they are elected at every annual meeting. This process ensures that the leadership positions within the Board are filled regularly, providing continuity and stability in governance. By holding these elections annually, the Board can reflect changes in leadership preferences, incorporate new ideas, and maintain an engaged relationship between the Board and the licensees. This practice also promotes accountability and transparency within the organization. Regular elections at established annual meetings are a common procedural norm in organizations and boards to uphold democratic principles within the governing structure.