What type of meetings can be called by the president of the board?

The correct choice indicates that the president of the board has the authority to call both regular and special meetings. This reflects standard governance practices for boards, where the leadership has the flexibility to convene meetings based on the needs of the organization.

Regular meetings are typically scheduled at consistent intervals, allowing board members to discuss ongoing business and address routine matters essential for operation. Special meetings, on the other hand, can be called when urgent matters arise that require immediate attention outside the regular schedule. This ability ensures that the board can respond promptly to important issues, maintaining effective governance and oversight.

The other options suggest a limitation in the presidential authority. For instance, stating that only annual meetings could be called would unnecessarily restrict the function of governance, as annual meetings typically cover a wide range of topics but do not accommodate urgent or unforeseen matters that may require more immediate discussion and resolution. Similarly, limiting the president to emergency or weekly meetings does not encapsulate the comprehensive role that the president has in facilitating necessary communication within the board.

In summary, the authority to call both regular and special meetings equips the president to effectively manage the board's activities and ensure responsive leadership. This understanding not only clarifies the dynamics of board meetings but also emphasizes the importance of flexibility in governance practices.