Rule 5 - Composition and Officers of the Board of Trustees(a)Composition and Terms. The Board of Trustees shall consist of five lawyers and two nonlawyers appointed by the Court for initial terms as follows: (1) Two lawyers for one year; (2) One nonlawyer for two years; (3) Two lawyers for two years; (4) One nonlawyer for three years; and (5) One lawyer for three years. Subsequent appointments shall be for a term of three years. No trustee may serve more than two successive three-year terms.
(b)No Compensation; Reimbursement of Expenses. Trustees shall serve without compensation but shall be reimbursed for their actual and necessary expenses incurred in the discharge of their duties in accordance with existing reimbursement policies of the Judicial Branch. (c)Vacancies. Vacancies shall be filled by appointment by the Court for any unexpired terms. (d)Officers. The Trustees shall select from their membership a chairperson, secretary, treasurer and such other officers as they deem appropriate. (e)Treasurer's Bond. The Treasurer and any other officer designated to endorse and execute checks and other financial instruments of the Fund shall be bonded in such manner and amount as the Trustees shall determine but in no event less than 25 percent of the assets of the Fund at the commencement of each fiscal year. Me. R. Clnt. Prot. Fund 5