The board of managers shall meet on the third Wednesday in each calendar month in the office of the chair or such other place as the board may designate. The board shall not be required to meet unless there is pending before the board an application for a pension, relief, or benefit; or unless there is pending some other matter of consideration by the board. The board of managers by virtue of a resolution adopted by it may change the regular meeting from Wednesday to such other date as may be most convenient to the board.
Ala. Code § 45-37A-51.132 (1975)