The advisory committee exercising the subscribers' rights in a domestic reciprocal shall be selected under rules adopted by the subscribers. At least three-fourths of the committee shall comprise subscribers or their representatives other than the attorney or any person employed by, representing, or having a financial interest in the attorney. The committee shall supervise the finances of the reciprocal and the reciprocal's operations to the extent required to assure their conformity with the subscriber's agreement and power of attorney and shall exercise any other powers conferred on it by the subscriber's agreement. (1989, c. 425, s. 1.)
Sections: Previous 58-15-75 58-15-85 58-15-90 58-15-95 58-15-100 58-15-105 58-15-110 58-15-115 58-15-120 58-15-125 58-15-130 58-15-135 58-15-140 58-15-145 58-15-150 Next
Last modified: March 23, 2014