{"data":{"id":"us-md/md.-code-insurance-20-403","jurisdiction":"us-md","citation":"Md. Code, Insurance § 20–403","heading":"","body":"(a) There is a Board of Directors to administer the Association.\n(b) (1) The Board of Directors consists of nine members elected by Association members.\n(2) Of the nine members of the Board of Directors:\n(i) four shall be nominated by the American Property Casualty Insurance Association;\n(ii) one shall be associated with a domestic insurer that is not affiliated with the American Property Casualty Insurance Association;\n(iii) 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\n(iv) two shall be nominated by the members of the Board of Directors selected under items (i) through (iii) of this paragraph.\n(3) The term of a member of the Board of Directors is 1 year.\n(4) 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.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=20-403","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"5a838b976eb048b01bec252432edce0a2bc7376624fb394fd990c2e46ea188ec","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-20-402","next":"us-md/md.-code-insurance-20-404"},"notice":"GroundRules: Original legal text. Not legal advice."}
