| | | 23.__Appoint committees.__To appoint committees, including | | advisory committees of members, state insurance regulators, state | | legislators or their representatives, insurance industry and | | consumer representatives and any other interested persons as may | | be designated in the bylaws; |
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| | | 24.__Cooperation with law enforcement agencies.__To provide | | information to and receive information from, and to cooperate | | with, law enforcement agencies; |
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| | | 25.__Corporate seal.__To adopt and use a corporate seal; and |
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| | | 26.__Perform other functions.__To perform functions other than | | those set out explicitly in this section as necessary or | | appropriate to achieve the purposes of the compact consistent | | with the state regulation of the business of insurance. |
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| | | §2476.__Organization of the commission -- Article 5 |
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| | | 1.__Membership. Each compacting state has one member.__Each | | member must be qualified to serve in that capacity pursuant to | | applicable law of the compacting state. A member may be removed | | or suspended from office as provided by the law of the state from | | which the member is appointed. A vacancy occurring in the | | commission must be filled in accordance with the laws of the | | compacting state where the vacancy exists.__This subsection may | | not be construed to affect the manner in which a compacting state | | determines the election or appointment and qualification of its | | own commissioner. |
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| | | 2.__One vote.__Each member is entitled to one vote and has an | | opportunity to participate in the governance of the commission in | | accordance with the bylaws.__Notwithstanding any provision of the | | compact to the contrary, action of the commission with respect to | | the promulgation of a uniform standard does not take effect | | unless 2/3 of the members vote in favor of the uniform standard. |
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| | | 3.__Bylaws.__The commission shall, by a majority of the | | members, adopt bylaws to govern its conduct as may be necessary | | or appropriate to carry out the purposes and exercise the powers | | of the compact, including, but not limited to: |
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| | | A.__Establishing the fiscal year of the commission; |
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| | | B.__Providing reasonable procedures for appointing and | | electing members, as well as holding meetings, of the | | management committee established under subsection 5; |
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| | | C.__Providing reasonable standards and procedures: |
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