North Carolina General Statutes 58-45-20. Temporary directors of Association
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Within 10 days after April 17, 1969, the Commissioner shall appoint a temporary board of directors of this Association, which shall consist of 11 representatives of members of the Association. Such temporary board of directors shall prepare and submit a plan of operation in accordance with N.C. Gen. Stat. § 58-45-30 and shall serve until the permanent board of directors shall take office in accordance with said plan of operation. (1967, c. 1111, s. 1; 1969, c. 249.)
Terms Used In North Carolina General Statutes 58-45-20
- Association: The North Carolina Insurance Underwriting Association established under this Article. See North Carolina General Statutes 58-45-5
- Directors: The Board of Directors of the Association. See North Carolina General Statutes 58-45-5
- Plan of operation: The plan of operation of the Association approved or promulgated by the Commissioner under this Article. See North Carolina General Statutes 58-45-5