Section 23.1-2304 - Principal office; meetings; officers; committeesA. The principal office of the board shall be located, and all meetings of the board held, as far as practicable, in the City of Richmond.B. The board shall meet at least once a year and at such other times as it determines. Notice of all meetings shall be provided to each member.C. A majority of the members shall constitute a quorum.D. The board shall appoint from its membership a rector, a vice-rector, a secretary, and any other officers as determined by the board. The board shall prescribe their duties and term of office and fix their compensation, if any.E. The board shall determine the number of members of and appoint an executive committee and determine the number of members of the executive committee that shall constitute a quorum. The executive committee shall perform duties prescribed by the board.F. Reasonable expenses incurred by members shall be paid out of the funds of the University.1968, c. 93, § 23-50.9; 2016, c. 588.Added by Acts 2016 c. 588, § 1, eff. 10/1/2016.