A. After taking oath and filing bonds, the board shall choose one of its members as chair of the board and shall choose a secretary and a treasurer of the board and of the district. The secretary and treasurer may be one person.

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B. The terms of the members of the initial board of directors shall be determined by lot at their organizational meeting. Two members shall serve an initial term of two years following organization of the district, two members shall serve an initial term of four years following organization of the district and one member shall serve an initial term of six years following organization of the district.