(a) All powers of the tourism board shall be exercised, and the tourism board shall be governed, by the board or pursuant to its authorization, in accordance with this part.
(b) The board, if and to the extent such action is consistent with succeeding provisions of this section, may delegate to one or more of the directors, or to any one or more of the employees, agents, or officers of the tourism board, such duties as it deems proper.
(c) The officers of the tourism board shall consist of a chair, a vice chair, a secretary, a treasurer, and such other officers as the board shall deem necessary or desirable. The board shall elect the chair, the vice chair, the secretary, and the treasurer; and the vice chair shall serve as chair in the event of the absence of the chair. The chair and vice chair shall be directors, and the treasurer and secretary may, but need not, be directors. One person may serve as treasurer and secretary. Each officer of the tourism board shall serve without compensation but shall be reimbursed for expenses actually incurred by him or her in and about the performance of his or her duties as an officer.
(d) The board shall provide by resolution for the dates on which the chair, vice chair, secretary, treasurer, or any other officer shall be elected, which resolution shall also specify the term or period for which each officer shall serve as such.
(e) The treasurer shall act as custodian of all funds, from whatever sources derived, that are received by the tourism board.
(f) The treasurer shall execute a fidelity bond with a company authorized to write bonds in the state being surety thereon, which bond shall be in an amount approved by the board.
(g) Contracts of the tourism board shall be executed in the name of the tourism board by the chair and attested by the secretary. The board, by resolution, may provide for a different form of the execution of contracts and for the execution by an officer or agent other than the chair and secretary. In no event may a contract, irrespective of its form and of the persons executing it, be binding unless the contract was authorized or ratified by the board.
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