Vermont § 2694 - General administrative powers and duties of board—Article IV The board shall annually elect from its members a chairman and vice-chairman and shall appoint and at its pleasure remove or discharge said officers

§ 2694. General administrative powers and duties of board—Article IV The board shall annually elect from its members a chairman and vice-chairman and shall appoint and at its pleasure remove or discharge said officers

• . It may appoint and
  employ an executive secretary and may employ such stenographic, clerical, technical
  or legal personnel as shall be necessary, and at its pleasure remove or discharge
  such personnel. It shall adopt a seal and suitable bylaws and shall promulgate any
  and all rules and regulations which may be necessary for the conduct of its business.
  It may maintain an office or offices within the territory of the compacting states
  and may meet at any time or place. Meetings shall be held at least once each year.
  A majority of the members shall constitute a quorum for the transaction of business,
  but no action of the board imposing any obligation on any compacting state shall be
  binding unless a majority of the members from such compacting state shall have voted
  in favor thereof. Where meetings are planned to discuss matters relevant to problems
  of education affecting only certain of the compacting states, the board may vote to
  authorize special meetings of the board members of such states. The board shall keep
  accurate accounts of all receipts and disbursements and shall make an annual report
  to the governor and the legislature of each compacting state, setting forth in detail
  the operations and transactions conducted by it pursuant to this compact, and shall
  make recommendations for any legislative action deemed by it advisable, including
  amendments to the statutes of the compacting states which may be necessary to carry
  out the intent and purpose of this compact. The board shall not pledge the credit
  of any compacting state without the consent of the legislature thereof given pursuant
  to the constitutional processes of said state. The board may meet any of its obligations
  in whole or in part with funds available to it under Article VII of this compact;
  provided, that the board takes specific action setting aside such funds prior to the
  incurring of any obligation to be met in whole or in part in this manner. Except
  where the board makes use of funds available to it under Article VII hereof, the board
  shall not incur any obligations for salaries, office, administrative, traveling or
  other expenses prior to the allotment of funds by the compacting states adequate to
  meet the same. Each compacting state reserves the right to provide hereafter by law
  for the examination and audit of the accounts of the board. The board shall appoint
  a treasurer and assistant treasurer who may be empowered to perform any and all duties
  of the treasurer. Fiscal disbursements of the board shall be valid only when authorized
  by any two persons from among those authorized by the board to execute this authority,
  and when substantiated by vouchers signed and countersigned by any two persons from
  among those authorized by the board to execute this authority. The executive secretary
  shall be custodian of the records of the board with authority to attest to and certify
  such records or copies thereof. (Amended 1969, No. 55, § 2.)