The officers of the Board shall be a Chairman, one or more Vice Chairmen, a Secretary, and a Treasurer, and all of them shall be chosen annually by a majority vote of those present at the stated spring meeting. They shall each perform the duties imposed upon them in their respective offices by the Charter, Bylaws and the general law and shall hold their offices until their successors are elected. The Board reserves the power to remove any officer and to fill vacancies occasioned by death, resignation, removal, or any other cause.
The Chairman shall preside at all meetings of the Board when present and shall have the authority to perform the duties imposed by law, charter, bylaws, and resolutions of the Board and shall perform generally the functions of the executive head of the Board of Trustees.
In the event of the absence or disability of the Chairman, the powers and duties shall devolve upon the senior Vice Chairman. In the event the senior Vice Chairman is absent or unable to serve, or elects not to serve, the next senior Vice Chairman shall be eligible to serve, and so on. Seniority shall be determined by the length of service in the office of Vice Chairman. In the case of contemporaneously elected Vice Chairmen, seniority may be determined by length of service as a trustee.
In the absence of the Chairman and the Vice Chairmen, the Board shall elect a Chairman pro tempore to preside at that particular meeting.
The Secretary, through the Secretary of the University, shall perform duties imposed by law and usually incident to that office except as otherwise provided by the Board. The Secretary shall, in addition to the sending of notices of meetings herein provided for, see that copies of the minutes of the preceding stated meeting and of any special meeting held since the last stated meeting are sent to each Trustee. As soon as possible after each meeting, the Secretary shall transmit to the proper officer, or to the chairmen of the proper committees, all papers, matters, or business that may have been referred to them respectively. The Secretary shall notify, by letter, all persons elected or appointed to office by the Board and shall notify those upon whom honorary degrees are to be conferred.
The Secretary may delegate to appropriate offices of the University any of the duties of notification and transmittal.
The Treasurer, through the Treasurer of the University, shall have general supervisory authority over the funds and moneys of the Corporation and the disbursement thereof, except to the extent that the Board of Trustees may otherwise provide. The Treasurer shall render each year to the Committee on Finance a full report and an inventory of the investments of the Corporation. The Treasurer shall also submit to the Board at its stated meeting in December an auditor's report of all accounts up to the first day of the preceding July.
The Board may in its discretion, from time to time, appoint any person to the office of Honorary Counselor to the Board, in recognition of long and distinguished service to the University. The Counselor to the Board shall be privileged to attend all meetings of the Board and speak on any matter coming before the Board and shall have such other functions as the Board may by resolution provide.
The Board may in its discretion, from time to time, appoint any former trustee to the office of Trustee Emeritus of the Board in recognition of distinguished service to the University as a trustee. A Trustee Emeritus shall be privileged to attend all meetings of the Board and speak on any matter coming before the Board and shall have other such functions as the Board may by resolution provide.
An Honorary Counselor to the Board and Trustee Emeritus of the Board, not being members of the Board, shall not be counted for the purpose of determining the presence of a quorum and shall have no vote.
