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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

  Chapter 383back to chapter 383

  383.175.  Board of directors, qualifications — terms, expenses, payment of authorized. — The association shall be governed by a board of eight directors, to be appointed by the director for the terms specified in the plan of operation.  Two directors shall represent insurers which write bodily injury insurance in Missouri and are members of the Property Casualty Insurers Association of America, two shall represent insurers which write bodily injury insurance in Missouri and are members of the Missouri Insurance Coalition, two shall represent insurers which write bodily injury insurance in Missouri and are members of the American Insurance Association, and two shall represent insurers which write bodily injury insurance in Missouri but are not members of any of the foregoing trade associations.  The directors shall be reimbursed out of the administrative funds of the association only for necessary and actual expenses incurred for attending meetings of the governing board.

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(L. 1976 H.B. 1309 § 6, A.L. 2006 S.B. 837)


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