New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 10 - HEALTH INSURANCE
Part 11 - HEALTH INSURANCE ALLIANCE PLAN OF OPERATION AND ELIGIBILITY CRITERIA
Section 13.10.11.10 - OFFICERS
Current through Register Vol. 35, No. 18, September 24, 2024
A. The officers of the board will be the chair of the board, a vice chair, and a secretary, and such other officers as the board may decide, who, except for the chair, will be elected annually by the board at its annual meeting to serve until their successors are elected and qualified. The superintendent shall serve as chair, unless he declines, in which event he shall appoint the chair. An officer, except the chair, may be removed with or without cause by the board, or may resign. Vacancies and newly created offices will be filled by the board. One person may hold more than one office, but no person may be both chair of the board and secretary. Officers will perform the duties, and will have the power and authority, assigned by the board, incident to the office, and provided in this plan.
B. The chair shall preside at meetings of the board of directors and shall assume such duties as shall be designated from time to time by the board of directors and as are consistent with the provisions of the act. The chair, when authorized by the board, will execute and deliver documents in the name of the alliance.
C. The vice chair of the board of directors shall function in the absence of the chair.
D. The secretary shall be responsible for the records of the alliance and the minutes of the proceedings of the directors; will give all notices required; and when authorized will execute, attest, seal, and deliver documents of the board.
