Ohio § 3956.07

§ 3956.07.

(A) The board of directors of the Ohio life and health insurance guaranty association

shall consist of not less than nine nor more than eleven member insurers serving terms

as established in the plan of operation.  A majority of the members of the board shall be representatives of member insurers

domiciled in this state.  Three of the members of the board shall be representatives of the three member insurers

that write the largest premium volumes of health insurance in this state, three of

the members of the board shall be representatives of domestic life insurers, and three

of the members of the board shall be representatives of foreign member insurers.  The members of the board shall be selected by member insurers, subject to the approval

of the superintendent of insurance.  Vacancies on the board shall be filled for the remaining period of the term by a

majority vote of the remaining board members, subject to the approval of the superintendent.  To select the initial board of directors and initially organize the association,

the superintendent shall give notice to all member insurers of the time and place

of the organizational meeting.  In determining voting rights at the organizational meeting, each member insurer

shall be entitled to one vote in person or by proxy.  If the board of directors is not selected within sixty days after notice of the

organizational meeting, the superintendent may appoint the initial members. (B) In approving selections or in appointing members to the board, the superintendent

shall consider, among other things, whether all member insurers are fairly represented. (C) Members of the board may be reimbursed from the assets of the association for reasonable

expenses incurred by them as members of the board of directors, but members of the

board shall not otherwise be compensated by the association for their services.