TA-2.3.2

Some of these Rules govern the establishment, composition, functions and responsibilities of Boards of Directors. All incorporated insurance licensees must have a Board, composed of a minimum of five Directors, which is ultimately accountable and responsible for the management and performance of the firm.

Rulebook Reference HC-1
HC-1.3.3
Amended: April 2011
Amended: January 2007
Amended: October 2007