(a) (1) The Board consists of five members, appointed by the Governor with the advice and consent of the Senate. (2) Of the five members of the Board: (i) two shall have substantial experience as officers or employees of a property and casualty insurance company; (ii) one shall have substantial experience in the field of accounting or finance; (iii) one shall be a policyholder of workers' compensation insurance issued in the State; and (iv) one shall represent the general public. (b) Before taking office, each appointee to the Board shall take the oath required by Article I, § 9 of the Maryland Constitution. (c) (1) The term of a member is 4 years. (2) At the end of a term, a member continues to serve until a successor is appointed and qualifies. (3) A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies. (d) The Governor may remove a member for incompetence or misconduct.
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