(a) The powers of the System shall be exercised by a Board of Directors consisting of the members of the System designated under section 201 of this chapter.
(b) Within thirty days after this chapter becomes effective, the Board shall meet, and organize. The Board shall elect a Chairman and Vice Chairman from among its members; officers shall serve for a term of one year and shall be eligible for re-election.
(c) The Board shall hold regular meetings to hear reports of the Chairman and Chief Executive Officer and to give policy guidance and direction to the System. Board members, shall be eligible for reimbursement of travel and other expenses and for per diem at such rates and under such conditions as may be provided by law for members of Virgin Islands Government boards and commissions.
(d) Five members of the Board shall constitute a quorum for the purpose of organizing the System and conducting the business thereof and for all other purposes, and all action shall be taken by a vote of the majority of those present.
(e) The Board shall appoint a Chief Executive Officer and Chief Operating Officer of the System, and by contract or otherwise may employ such consultants, consulting engineers, fiscal, legal, programming or other technical experts as it may deem necessary, and shall determine their qualifications, duties, tenure and compensation without regard to chapter 25 of Title 3, Virgin Islands Code. The bylaws of the System may delegate to the Chief Executive Officer and Chief Operating Officer or other officers, agents or employees of the System, such power and duties of the System as the Board may deem necessary and proper.
(f) The Chief Executive Officer and Chief Operating Officer shall be appointed by the Board exclusively upon the basis of merit as determined by training, skill, experience, and other qualifications necessary to achieving the purposes of the System.
(g) The System shall, whenever feasible, hire and train permanent residents of the Virgin Islands, to the end that, as soon as possible consistent with the maintenance of the highest broadcasting and operating standards, the System will be fully staffed by Virgin Islands residents.
(h) The Board may establish a Citizens' Advisory Committee to foster the development, support and utilization of public television in the Virgin Islands. Members of the Committee shall be representative of the Virgin Islands community.