(a) The board of trustees of the university shall consist of thirty-nine voting members, including the Governor of the State, the Secretary of Education, and the President of Lincoln University, all three of whom shall be members of the board of trustees, ex officio.

(b) Twelve of the trustees shall be designated Commonwealth trustees, four appointed by the Governor, with the advice and consent of two-thirds of all of the members of the Senate, four by the President Pro Tempore of the Senate, and four by the Speaker of the House of Representatives. One appointment shall be made by each of the appointing authorities for a term of four years, one for a term of three years, one for a term of two years, and one for a term of one year commencing with the date when the charter becomes effective, and annually thereafter one appointment shall be made by each of the three Commonwealth appointing authorities for a term of four years.

(c) Within six months after the effective date of this act, the bylaws shall be amended to provide for twenty-four trustees, in addition to the twelve Commonwealth trustees, and three ex officio trustees and to establish a procedure whereby annually six of such trustees will be elected for four-year terms.