| (1)__Managing the affairs of the commission in a manner | consistent with the bylaws and purposes of the | commission; |
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| (2)__Establishing and overseeing an organizational | structure within and appropriate procedures for the | commission to provide for the creation of uniform | standards and other rules, receipt and review of | product filings, administrative and technical support | functions, review of decisions regarding the | disapproval of a product filing and review of elections | made by a compacting state to opt out of a uniform | standard.__A uniform standard may not be submitted to | the compacting states for adoption unless approved by | 2/3 of the members of the management committee; |
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| (3)__Overseeing the offices of the commission; and |
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| (4)__Planning, implementing and coordinating | communications and activities with other state, federal | and local government organizations in order to advance | the goals of the commission. |
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| C.__The commission shall elect annually its officers from | the management committee, with each having such authority | and duties, as specified in the bylaws. |
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| D.__The management committee may, subject to the approval of | the commission, appoint or retain an executive director for | such period, upon such terms and conditions and for such | compensation as the commission determines appropriate. The | executive director shall serve as secretary to the | commission, but may not be a member of the commission. The | executive director shall hire and supervise such other staff | as may be authorized by the commission. |
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| | 6.__Legislative committee.__A legislative committee of state | legislators or their designees is established to monitor the | operations of, and make recommendations to, the commission, | including the management committee.__The manner of selection and | term of any legislative committee member is set by the bylaws.__ | Prior to the adoption by the commission of any uniform standard, | revision to the bylaws, annual budget or other significant matter | as may be provided in the bylaws, the management committee shall | consult with and report to the legislative committee. |
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| | 7.__Advisory committees.__The commission shall establish 2 | advisory committees, one composed of consumer representatives | independent of the insurance industry and the other composed of | insurance industry representatives. |
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