Page:United States Statutes at Large Volume 82.djvu/599

 82 STAT. ]

PUBLIC LAW 90-448-AUG. 1, 1968

" (b) The Chairman shall preside at all meetings, and the Vice Chairman shall preside in the absence or disability of the Chairman. I n the absence of both the Chairman and Vice Chairman, the Secretary may appoint any member to act as Chairman pro tempore. The Board shall meet at such times and places as it or the Secretary may fix and determine, but shall hold at least four regularly scheduled meetings a year. Special meetings may be held at the call of the Chairman or any three members of the Board, or at the call of the Secretary. "(c) The Board shall review general policies and shall advise the Secretary with respect thereto, and perform such other functions as are specified in this title. " (d) The members of the Board shall not, by reason of such membership, be deemed to be employees of the United States, and such members, except those who are regular full-time employees of the Government, shall receive for their services, as members, the per diem equivalent to the rate for grade GS-18 of the General Schedule under section 5332 of title 5, United States Code, when engaged in the per- s use 5332 formance of their duties, and each member of the Board shall be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5703 of such title for persons in the Government so Stat. 499. service employed intermittently. "DEFINITIONS

"SEC. 1203. (a) When used in this title, unless the context otherwise requires, the term— "(1) 'environmental hazard' means any hazardous condition that might give rise to loss under an insurance contract, but which is beyond the control of the property owner; "(2) 'essential property insurance' means insurance against direct loss to property as defined and limited in standard fire policies and extended coverage endorsement thereon, as approved by the State insurance authority, and insurance for such types, classes, and locations of property against the perils of vandalism, malicious mischief, burglary, or theft, as the Secretary by rule shall designate. Such insurance shall not include automobile insurance tind shall not include insurance on such types of manufacturing risks as may be excluded by the State insurance authority; "(3) 'inspection facility', with respect to any State, means any rating bureau or other person designated b j the State insurance authority to perform inspections under fair access to insurance requirements plans under part A; " (4) 'insurer' includes any insurance company or group of companies under common ownership which is authorized to engage in the insurance business under the laws of any State; "(5) 'pool' means any pool or association of insurance companies in any State which is formed, associated, or otherwise created for the purpose of making property insurance more readily available; " (6) 'losses resulting from riots or civil disorders' means losses resulting from riots or civil disorders under policies for standard lines of property insurance for which reinsurance is offered under section 1221, as determined under regulations of the Secretary; "(7) 'property owner', with respect to any real, personal, or mixed real and personal property, means any person having an insurable interest in such property; "(8) 'person' includes any individual or group of individuals, corporation, partnership, or association, or any other organized group of persons;

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