What must the board do if a comment requiring resolution is received during the comment period for a proposed rule?

When a comment that requires resolution is received during the comment period for a proposed rule, the appropriate action is to resolve the comment before proceeding. This process is crucial for ensuring that stakeholder feedback is taken into account and that the proposed rule is refined and improved based on the insights or concerns expressed by the public or other interested parties.

Addressing comments allows for transparency and public involvement in the rule-making process, which is fundamental to the legitimacy and acceptance of the rules being established. By taking the time to resolve the concerns raised, the board demonstrates its responsiveness and commitment to due diligence in crafting regulations that serve the interests of all stakeholders. This step also enhances the quality of governance and regulatory frameworks by ensuring that all relevant perspectives are considered and incorporated as necessary.