Cross References
Hawaii hurricane relief fund, see chapter 431P.
§431:21-104 Board of directors. (a) The board of directors shall have responsibility and control over the organization, management, policies, and activities of the association. The board of directors of the association shall consist of twelve persons serving terms as established in the plan of operation. The board shall be composed of:
(1) Eight voting members selected by the member insurers;
(2) One voting member appointed by the commissioner to represent insurance producers; and
(3) Three voting members appointed by the commissioner to represent the public.
(b) The commissioner shall appoint the initial members of the board of directors. All member insurers shall be fairly represented on the board.
(c) Members of the board may be reimbursed from the assets of the association for reasonable expenses incurred by them as members of the board of directors. [L 1991, c 284, pt of §2; am L 1992, c 143, §3; am L 1994, c 128, §9; am L 1996, c 99, §2; am L 2003, c 212, §118]
Section: Previous 431-20-122 431-20-123 431-20-124 431-20-125 431-21-101 431-21-102 431-21-103 431-21-104 431-21-105 431-21-105.5 431-21-106 431-21-107 431-21-108 431-21-109 431-21-110 NextLast modified: October 27, 2016