Wyoming Statutes
§ 26-31-105 — Board of directors
(a)The board of directors of the association shall
consist of not less than five (5) nor more than nine (9) persons
serving terms as established in the plan of operation. The board
members shall be selected by member insurers subject to the
commissioner's approval. Vacancies on the board shall be filled
for the remaining period of the term in the same manner as
initial appointments.
(b)In approving selections to the board, the commissioner
shall consider among other things whether all member insurers
are fairly represented.
(c)Board members may be reimbursed from the association's
assets for expenses they incur as board members.
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Nearby Sections
15
§ 26-31-101
Short title§ 26-31-102
Applicability§ 26-31-103
Definitions§ 26-31-105
Board of directors§ 26-31-106
Duties and powers of association§ 26-31-107
Member insurer assessments§ 26-31-108
Plan of operation§ 26-31-114
Exemption from payment of fees and taxes