§ 38.2-2803. Directors
A. The association shall be governed by a board of fourteen directors. Two directors shall be appointed by each of the following three insurance industry trade associations: (i) the American Insurance Association; (ii) the Alliance of American Insurers; and (iii) the National Association of Independent Insurers. The Commission shall appoint two directors to represent insurers not affiliated with the insurance industry trade associations listed above. One director shall be appointed by each of the following two agent trade associations: (a) the Independent Insurance Agents of Virginia; and (b) the Professional Insurance Agents Association of Virginia and the District of Columbia. Two directors shall be appointed by the Medical Society of Virginia and two directors shall be appointed by the Virginia Hospital and Healthcare Association.
B. If any of the foregoing associations fail to appoint a director or directors within a reasonable period of time, the Commission shall have the power to make the appointments.
(1976, c. 85, § 38.1-777; 1986, c. 562.)
Sections: Previous 38.2-2800 38.2-2801 38.2-2802 38.2-2803 38.2-2804 38.2-2805 38.2-2806 38.2-2807 38.2-2808 38.2-2809 38.2-2810 38.2-2811 38.2-2812 38.2-2813 38.2-2814 NextLast modified: April 3, 2009