3234 EXECUTIVE ORDERS
WHEREAS, In light of the Fund's rapid growth and
increased complexity, it has become advisable to
establish a separate advisory body to aid both the
Board of Trustees and the Executive Director of the
Fund in carrying out their duties and
responsibilities.
NOW, THEREFORE, I, MARVIN MANDEL, GOVERNOR OF THE STATE
OF MARYLAND, BY VIRTUE OF THE AUTHORITY VESTED IN ME
BY ARTICLE II, SECTION 24 OF THE CONSTITUTION OF
MARYLAND, AND BY ARTICLE 41, SECTION 15C OF THE
ANNOTATED CODE OF MARYLAND, HEREBY PROMULGATE THE
FOLLOWING ORDER, EFFECTIVE IMMEDIATELY:
1. The Maryland Automobile Insurance Fund
Advisory Board (hereinafter "the Board") is hereby
created as a unit of the Maryland Automobile
Insurance Fund (hereinafter "the Fund").
2. The Board shall consist of nine members
appointed by the Governor with the advice of the
Executive Director of the Fund. Of the nine members
so appointed, not less than two shall be officers,
directors, or employees of insurers (other than the
Fund) authorized to write automobile liability
insurance in the State; not less than two shall be
insurance agents or brokers licensed to transact
business in the category of automobile liability
insurance in the State; not less than two shall be
lawyers qualified to practice law in the State; and
not less than one shall be an officer, director, or
employee of a premium finance company registered to
engage in business in the State.
3. Of the members of the Board initially
appointed, three shall be for a term of four years,
two shall be for a term of three years, two shall be
for a term of two years, and two shall be for a term
of one year. Thereafter, all appointments shall be
for terms of four years. The Governor, at his
pleasure, may remove any member of the Board prior
to the expiration of his term. The Governor shall
designate the chairman of the Board from time to
time. The Governor, with the advice of the
Executive Director of the Fund, shall fill any
vacancy which occurs before the expiration of a term
for the balance of the term so remaining. Members
of the Board are eligible for reappointment.
4. Each member of the Board shall receive
per diem compensation for each day actually engaged
in the discharge of his official duties, at the same
daily rate as members of the Board of Trustees, and
each member of the Board shall receive reimbursement
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