230 R.I. Code R. 230-RICR-20-05-11.18

Current through December 3, 2024
Section 230-RICR-20-05-11.18 - Duties of the Committee
A. The Committee shall meet as often as may be required to perform the general duties of the administration of the Association. Ten (10) members of the Committee shall constitute a quorum.
B. The Committee shall be empowered: to appoint or otherwise contract for the services of a Manager; to budget expenses; to levy assessments including preliminary assessments provided herein, or necessary or incidental to the administration of this Program.
C. Annually the Manager shall prepare an operating budget which shall be subject to approval of the Committee.
D. The Committee shall furnish to all Insurers and to the Commissioner a written report of operations annually in such form and detail as the Committee may determine.

230 R.I. Code R. 230-RICR-20-05-11.18