(a) In each party state there shall be a Compact Administrator, who shall be selected and serve in such manner as the laws of the state may provide.
The Administrator shall:
(1) Assist in the coordination of activities pursuant to the Compact in the state, and
(2) represent that state on the Governing Board of the Insurance Fund.
(b) If the laws of the United States specifically so provide, or if administrative provision is made therefore within the federal government, the United States may be represented on the Governing Board of the Insurance Fund, by not more than three representatives. Any representative or representatives of the United States shall be appointed and serve in such manner as may be provided by federal law, but may not vote on the Governing Board or the Executive Committee.
(c) The Governing Board shall meet at least once each year for the purpose of determining policies and procedures in the administration of the Insurance Fund and, consistent with the provisions of the Compact, supervising and giving direction to the expenditure of moneys from the Insurance Fund. Additional meetings of the Governing Board shall be held on call of the chairperson, the Executive Committee, or a majority of the membership of the Governing Board.
(d) At its meetings, the Governing Board shall pass upon applications for assistance from the Insurance Fund and shall authorize disbursements from the fund. When the Governing Board is not in session, the Executive Committee shall act as agent of the Governing Board, and have full authority to act for it in passing upon applications.
(e) The Executive Committee shall be composed of the chairperson of the Governing Board and four additional members of the Governing Board chosen by it, so that one member shall represent each of four geographic groupings of party states. The Governing Board shall make such geographic groupings, if there is representation of the United States on the Governing Board, one representative may meet with the Executive Committee. The chair of the Governing Board shall be the chairperson of the Executive Committee. Action of the Executive Committee is not binding unless taken at a meeting at which at least four members are present and vote in favor of the action. Necessary expenses of each of the five members of the Executive Committee incurred in attending Committee meetings, when not held at the same time and place as a meeting of the Governing Board, shall be charged against the Insurance Fund.
History —Jan. 20, 2010, No. 10, § 5.