On recommendation of the Secretary or a majority of the Board, the Governor may remove any member of the Board for any of the following reasons:

            (1)      Conviction of any crime that involves moral turpitude;

            (2)      Conviction of any criminal offense the effect of which is to prevent or interfere with the performance of any duty of the Board;

            (3)      Failure regularly to attend meetings of the Board;

            (4)      Failure to carry out duties assigned by the Board or its Chairman; or

            (5)      Acceptance of any position or the conduct of any business that conflicts or tends to conflict with the performance of any duty of the Board.