§10–308.

    (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.