SEC. 83-36-7. Directors of association.

[Laws, 1992, ch. 559, Sec. 3, effective from and after July 1, 1992, reenacted this section without change. Since the text of this section as it appears in the parent volume is unaffected by the reenactment, it is not reprinted in this section as directed by the State Attorney General's Office.] The association shall be governed by a board of nine (9) directors: five (5) directors from the companies which are members of the association shall be elected at a meeting of the member companies at a time and place designated by the commissioner by voting by the member companies, whose votes shall be weighted in accordance with each member's net direct liability insurance premiums written during the preceding calendar year; two (2) directors shall be appointed by the commissioner from the medical profession, one (1) of whom shall have experience in the field of hospital administration; one (1) director shall be appointed by the commissioner and shall be a registered professional nurse; and two (2) directors who are licensed local insurance agents representing one or more insurance companies writing liability coverage shall be appointed by the commissioner.

SOURCES: Laws, 1976, ch. 471, Sec. 4; 1987, ch. 472, Sec. 3; 1989, ch. 356, Sec. 4, eff from and after July 1, 1989, and by terms of Laws, 1987, ch. 472, Sec. 12, shall stand repealed from and after July 1, 1992. Reenacted without change, Laws, 1992, ch. 559, Sec. 3, eff from and after July 1, 1992.

1997 Amendment

Reenacted.

SOURCE: 1997 Laws, Chapter 406, Sec. 4, HB261, Effective July 1, 1997.