(a) The board will generally meet each month, but the frequency of such meetings will be as required by the amount or nature of the business to be transacted or as specified in the bylaws or certificate of incorporation. Whenever necessary, the board shall meet to elect a president and such other officers as provided in the bylaws.

(b) The general election of members of the board shall occur at the annual stockholders meeting. Other stockholder meetings shall occur as determined by the bylaws.

(c) Proper notice of each meeting of the board should be sent to all members of the board, including the division, at least 48 hours prior to a scheduled meeting. In order to allow adequate time for the division's designee to schedule attendance at the meeting of the board and to prepare properly for such meeting, notice of meeting of the board of directors should be sent to the division at least 10 days prior to the date of the meeting where possible, together with an agenda of the meeting.

(d) Stockholders should be notified at least 10 days and not more than 60 days prior to each meeting of the stockholders. However, in accordance with the bylaws, written notice is not required if all directors, or stockholders as the case may be, are present at the meeting or those not present have waived notice in writing. A majority of all stockholders, counted on the basis of one vote per dwelling, shall constitute a quorum in any stockholders' meeting, except that the certificate of incorporation or by-laws may allow a lesser amount to constitute a quorum, but not less than one-third of such voters. Notwithstanding the above, the quorum requirements set forth in Subpart 1750 of this Title shall govern all votes identified in that Subpart.