(3) The inability of the Board to hold quarterly meetings; to elect a Chairperson annually; to establish a quorum, to adopt an annual budget; to set tuition rates; to conduct an annual evaluation of the President of the University; to carry out its primary function to periodically evaluate the University’s progress in implementing its mission, goals, and objectives to conform to the strategic agenda; or to otherwise perform its duties under KRS 164.350 shall be cause for the Governor to remove all appointed members of the Board and replace the entire appointed membership pursuant to KRS 63.080(4).
SECTION 6.1: The Board of Regents shall hold its first meeting within thirty days after each appointment of new members.
SECTION 6.2: Thereafter, the Board of Regents shall meet at least quarterly in regular session at the University, or at such other times and places as agreed upon according to a calendar adopted annually by the Board. The annual meeting calendar shall include the dates for the Board’s annual retreat once those dates have been approved.
SECTION 6.3: The Chairperson of the Board shall call special meetings of the Board at the request of the President of the University or by two members of the Board. The Board may at such special meetings transact any or all business that it may transact at a regular meeting except that the business to be