What happens to board member terms on July 1st?

The specific procedure regarding board member terms on July 1st is that only two terms can expire at a time. This regulation helps maintain continuity and stability within the board, ensuring that there is always a mix of experienced and new members. By limiting the number of terms that expire simultaneously, it prevents a situation where the board could lose significant knowledge and experience all at once, which could disrupt its functioning and decision-making process.

The other options do not reflect this regulation. For instance, not all members must be reappointed, as some may continue their terms. Similarly, while new members may start their terms, this is not the primary focus on July 1st. The orientation for members is also not a standardized event tied specifically to this date regarding term expirations. Understanding this structure is essential for maintaining effective governance within the organization.