<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="20-403" title_number="20" title_name="Maryland Automobile Insurance Fund" subtitle_number="4" subtitle_name="Industry Automobile Insurance Association">
  <level label="a">
    <text>There is a Board of Directors to administer the Association.</text>
  </level>
  <level label="b">
    <level label="1">
      <text>The Board of Directors consists of nine members elected by Association members.</text>
    </level>
    <level label="2">
      <text>Of the nine members of the Board of Directors:</text>
      <level label="i">
        <text>four shall be nominated by the American Property Casualty Insurance Association;</text>
      </level>
      <level label="ii">
        <text>one shall be associated with a domestic insurer that is not affiliated with the American Property Casualty Insurance Association;</text>
      </level>
      <level label="iii">
        <text>two may not be affiliated with a member company of the American Property Casualty Insurance Association or with a domestic insurer that is otherwise represented on the Board of Directors; and</text>
      </level>
      <level label="iv">
        <text>two shall be nominated by the members of the Board of Directors selected under items (i) through (iii) of this paragraph.</text>
      </level>
    </level>
    <level label="3">
      <text>The term of a member of the Board of Directors is 1 year.</text>
    </level>
    <level label="4">
      <text>If the American Property Casualty Insurance Association fails to submit the name of a nominee at least 10 days before the election, the requirement that four directors be from among nominees of that group need not be met for that year.</text>
    </level>
  </level>
</section>
