[Adopted effective 4-13-1987]
The Board of Selectmen shall appoint an Insurance Advisory Board consisting of five members. All members shall be appointed for four-year terms, except that of those such members first appointed under the provisions of this article, three shall be appointed for four-year terms and two shall be appointed for two-year terms. Biennially thereafter, the Board of Selectmen shall appoint, in the manner provided herein, four or five members, depending on the number of members whose terms then expire. Members shall have expertise in the fields of life, health, property, casualty and liability insurance. The Finance Officer shall serve as an ex officio member of the Board, and the Board of Selectmen and the Board of Education shall each designate one of its members to be its liaison to this Board. Such liaison member shall be entitled to participate in all discussions but shall not be counted for quorum purposes nor be entitled to vote. Said Board shall provide advice and assistance to the Board of Selectmen, Finance Officer, the agents of record and Town boards and commissions in the management of the Town's insurance program.
The terms of those persons previously appointed by the Boards of Selectmen and Education from their membership to be their representatives shall terminate upon the effective date hereof, and they shall become the liaison members until their successors are appointed and qualified.