§33-26-7. Board of directors.
(1) The board of directors of the association shall consist
of not less than five nor more than nine persons serving terms as
established in the plan of operation. The members of the board
shall be selected by member insurers subject to the approval of
the commissioner. Vacancies on the board shall be filled for the
remaining period of the term in the same manner as initial
appointments. If no members are selected within sixty days after
the effective date of this article, the commissioner may appoint
the initial members of the board of directors.
(2) In approving selections to the board, the commissioner
shall consider among other things whether all member insurers are
(3) Members of the board may be reimbursed from the assets
of the association for expenses incurred by them as members of
the board of directors.