Section 58-1-704 - Trust fund board(a) The military family assistance trust fund board is created for the purpose of administering the trust fund created pursuant to this part. The board shall be attached to the department of military affairs for administrative purposes. The board shall be composed of six (6) members as follows:(1) Three (3) members, who are experts in military family matters, who shall be appointed by the governor;(2) One (1) member, who is an expert in military family matters, who shall be appointed by the speaker of the senate;(3) One (1) member, who is an expert in military family matters, who shall be appointed by the speaker of the house of representatives; and(4) The adjutant general, who shall serve as a nonvoting member.(b) The adjutant general, or a majority of the board members, shall arrange for the first board meeting as soon as practicable after all board members are appointed.(c) Appointed board members shall serve without compensation, but may receive reimbursement for their actual and necessary travel expenses incurred in the performance of their duties. All reimbursement for travel expenses shall be in accordance with the comprehensive travel regulations as promulgated by the department of finance and administration and approved by the attorney general and reporter.(d) The term of each appointed member shall be four (4) years.(e) An appointed member whose term has expired may continue to serve until a successor is appointed and qualifies. A member who is appointed to an unexpired term shall serve the rest of the term and until a successor is appointed and qualifies. A member may serve two (2) consecutive four-year terms and shall not be reappointed for four (4) years after the completion of those terms.(f) A majority of the full membership of the board shall constitute a quorum.(g) At its first meeting, the board shall elect, by majority vote, a chair, who shall preside at all meetings and coordinate the functions and activities of the board. The chair shall be elected or reelected each calendar year thereafter.(h) The adjutant general shall not serve as the chair of the board.(i) The board shall meet at least two (2) times annually, but may meet more frequently, as deemed necessary, subject to call by the chair or by request of a majority of the board members.