A. There is hereby established an Advisory Board to assist the Insurance Commissioner. The Advisory Board shall be composed of the following five (5) members: A member appointed by the Speaker of the House of Representatives, a member appointed by the President Pro Tempore of the Senate, a licensed claim representative appointed by the Commissioner from a domestic insurance company, a licensed claim representative appointed by the Commissioner from a foreign insurance company having an office in this state, and a licensed independent adjuster appointed by the Commissioner.
B. Any member may be removed from the Advisory Board by the Commissioner for inefficiency, neglect of duty, or malfeasance in office. Members of the Advisory Board shall serve without compensation or per diem. Each member of the Advisory Board shall serve two (2) years from the date of appointment.
C. The duties of the Advisory Board shall be:
1. to advise, consult with, and make recommendations to the Commissioner as to the scope of examinations for licensing of adjusters in this state; and
2. to assist and advise the Commissioner on such other matters as the Commissioner may submit for recommendations to the Advisory Board.
Added by Laws 1983, c. 129, § 20, eff. Nov. 1, 1983. Added by Laws 1983, c. 129, § 20, eff. Nov. 1, 1983.