In accordance with applicable law, the powers and duties of the board of trustees shall be as follows:

(1) To elect annually from among their number a president, a first vice president, and a second vice president;

(2) To operate in the interests of preserving the rich heritage of this state and its people as required by any statute or as prescribed by any rule or regulation adopted and promulgated by the Director of the Nebraska State Historical Society;

(3) To create a general membership class which shall be open to all persons interested in the accomplishment of the purposes of the society, and the active members of such class shall be eligible to vote and shall not be required to pay membership dues;

(4) To create other classes of membership in the society as the board deems desirable and to determine the qualifications for such classes of membership;

(5) To create committees to aid in the efficient administration of the affairs of the society; and

(6) To advise the Director of the Nebraska State Historical Society regarding the administration of the society.