The State Board of Barber Examiners shall hold a meeting at least quarterly at a place where, in the discretion of the board, there are a sufficient number of applicants to warrant holding an examination outside of Little Rock for the purpose of:
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(1) Passing upon barbers’ applications;
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(2) Conducting an examination to determine an applicant’s ability to receive a license and issuing or refusing to issue a license thereon; and
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(3) Transacting any other business which may properly come before it.