| | | (1)__Managing the affairs of the commission in a manner | | consistent with the bylaws and purposes of the | | commission; |
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| | | (2)__Establishing and overseeing an organizational | | structure within and appropriate procedures for the | | commission to provide for the creation of uniform | | standards and other rules, receipt and review of | | product filings, administrative and technical support | | functions, review of decisions regarding the | | disapproval of a product filing and review of elections | | made by a compacting state to opt out of a uniform | | standard.__A uniform standard may not be submitted to | | the compacting states for adoption unless approved by | | 2/3 of the members of the management committee; |
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| | | (3)__Overseeing the offices of the commission; and |
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| | | (4)__Planning, implementing and coordinating | | communications and activities with other state, federal | | and local government organizations in order to advance | | the goals of the commission. |
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| | | C.__The commission shall elect annually its officers from | | the management committee, with each having such authority | | and duties, as specified in the bylaws. |
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| | | D.__The management committee may, subject to the approval of | | the commission, appoint or retain an executive director for | | such period, upon such terms and conditions and for such | | compensation as the commission determines appropriate. The | | executive director shall serve as secretary to the | | commission, but may not be a member of the commission. The | | executive director shall hire and supervise such other staff | | as may be authorized by the commission. |
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| | | 6.__Legislative committee.__A legislative committee of state | | legislators or their designees is established to monitor the | | operations of, and make recommendations to, the commission, | | including the management committee.__The manner of selection and | | term of any legislative committee member is set by the bylaws.__ | | Prior to the adoption by the commission of any uniform standard, | | revision to the bylaws, annual budget or other significant matter | | as may be provided in the bylaws, the management committee shall | | consult with and report to the legislative committee. |
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| | | 7.__Advisory committees.__The commission shall establish 2 | | advisory committees, one composed of consumer representatives | | independent of the insurance industry and the other composed of | | insurance industry representatives. |
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