HRS §431:21-104
Who runs the association and how the board is chosen
The board of directors runs the association. It has twelve voting members: eight chosen by member insurers, one by the insurance commissioner to represent insurance producers, and three by the commissioner to represent the public. The commissioner appoints the first board, and board members can be paid back for reasonable expenses.
state agencies
The statute, as written — Board of directors
(a) The board of directors shall have responsibility and control over the organization, management, policies, and activities of the association. The board of directors of the association shall consist of twelve persons serving terms as established in the plan of operation. The board shall be composed of: (1) Eight voting members selected by the member insurers; (2) One voting member appointed by the commissioner to represent insurance producers; and (3) Three voting members appointed by the commissioner to represent the public. (b) The commissioner shall appoint the initial members of the board of directors. All member insurers shall be fairly represented on the board. (c) Members of the board may be reimbursed from the assets of the association for reasonable expenses incurred by them as members of the board of directors.
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