As Amended
SEC. 83-34-7. Designation of temporary board of directors; powers, duties and term of office; permanent board of directors; size of board; selection of board.
The Board of Directors of the Mississippi Insurance Underwriting Association as presently constituted shall serve as the temporary board of directors of the association. Such temporary board of directors shall prepare and submit a plan of operation in accordance with Section 83-34-13 and shall serve until the permanent board of directors shall take office in accordance with the plan of operation. The permanent board shall consist of five (5) representatives of the members to be appointed by the temporary board of directors subject to the approval of the commissioner and three (3) agents from the coast area to be appointed by the commissioner.
SOURCES: Laws, 1987, ch. 459, Sec. 5, eff from and after passage (approved April 14, 1987).