31A-34-107 - Directors, trustees, and officers.
31A-34-107. Directors, trustees, and officers.
(1) To ensure representation of consumer interests, at least 25% of the board must beenrollees, chosen under a plan proposed by the alliance and approved by the commissioner.
(2) Those who sit as directors or trustees on the board or as officers or principals of thecorporation or trust must be trustworthy and collectively have the competence and experience tocarry out the activities of the alliance.
Enacted by Chapter 143, 1996 General Session