HARRY HUGHES, Governor

419

(F)  SAME — RESTRICTION.

WHILE A MEMBER OF THE BOARD, A CONSUMER MEMBER MAY NOT
HAVE A SUBSTANTIAL FINANCIAL INTEREST IN A PERSON REGULATED
BY THE BOARD.

(G)  OATH.

BEFORE TAKING OFFICE, EACH APPOINTEE TO THE BOARD SHALL
TAKE THE OATH REQUIRED BY ARTICLE I, § 9 OF THE STATE
CONSTITUTION.

(H) TENURE; VACANCIES.

(1)  THE TERM OF A MEMBER IS 3 YEARS.

(2)  THE TERMS OF MEMBERS ARE STAGGERED AS
REQUIRED BY THE TERMS PROVIDED FOR MEMBERS OF THE BOARD ON
JULY 1, 1981.

(3)  AT THE END OF A TERM, A MEMBER CONTINUES TO
SERVE UNTIL A SUCCESSOR IS APPOINTED AND QUALIFIES.

(4)  A MEMBER WHO IS APPOINTED AFTER A TERM HAS
BEGUN SERVES ONLY FOR THE REST OF THE TERM AND UNTIL A
SUCCESSOR IS APPOINTED AND QUALIFIES.

(I) REMOVAL.

THE GOVERNOR MAY REMOVE A MEMBER FOR INCOMPETENCE OR
MISCONDUCT.

REVISOR'S NOTE: Subsections (a) through (f) and (h)(1)
of this section presently appear as Art. 43, §
467(a) — except for the first sentence and item

(5) of the last sentence of that subsection —
and as Art. 43, § 468.

Subsection (g) of this section is standard
language added to this and, where necessary,
corresponding sections of other titles of this
article to state the duty of an individual
appointed to any office of profit or trust to
take the oath specified in Art. I, § 9 of the
State Constitution.

Subsection (h)(2) of this section is standard
language added to provide for staggered terms for
the membership and to reflect the practice of the
Board. The terms of the members serving on July
1, 1981 expire as follows: (1) three members in
1981; (2) two members in 1982; and (3) no members
in 1983. The attention of the General Assembly
is called to the fact that Ch. 702, Acts of 1980
deleted the stagger provisions for the initial
terms of members appointed in 1914, and left the