Section 18-15-109 - Selection of officers of board of trustees; quorum; trustees not to be interested in contracts, work done or property purchased by district(a) Annually, not later than December 1, the board of trustees shall choose from their number a president, a treasurer and a secretary of the district. (b) The board of trustees may hold regular, special or recessed meetings as the board determines. All meetings shall be in accordance with W.S. 16-4-401 through 16-4-408.(c) A majority of trustees constitutes a quorum for the transaction of board business. (d) No trustee shall be directly or indirectly interested financially in any contract, work done or property purchased by the district.