The board shall choose a chairman from its own members and recording secretary, who may be a member of the director's staff. The board shall fix the compensation, if any, which is to be paid to the recording secretary.
A majority of the members of the board shall constitute a quorum for the transaction of the business of the board.
Meetings of the board shall be called by the chairman or by a majority of the members of the board.
The board shall have a seal, which shall be judicially noticed.
N.J.S. § 4:12A-5