Section 48-4434 - Board; organization; oath; bondA. Not later than thirty days after appointment of the initial board by the governor, and after each election for members of the board, the board shall meet and select a president, vice-president and secretary from its membership.B. Each board member shall qualify by taking and subscribing an official oath of office as prescribed by title 38 and executing a bond to this state in an amount of ten thousand dollars conditioned on the faithful performance of the duties of office.