(1) Any employee organization seeking certification from the board as exclusive representative of a group of employees must first file with the board a copy of the labor organization's written bylaws. If revisions or changes are made, the bylaws must be refiled.
(2) The bylaws must provide for and guarantee that:
(a) provisions are made for democratic organization and procedures;
(b) elections are held pursuant to adequate standards and safeguards;
(c) controls are provided for the regulation of officers and agents having fiduciary responsibility; and
(d) sound accounting, fiscal control, and annual audit requirements exist.