Section 26-27-119 - Subscribers' advisory committee(a) The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under any rules the subscribers adopt. (b) Not less than two-thirds (2/3) of the committee shall be subscribers other than the attorney, or any person employed by, representing or having a financial interest in the attorney. (c) The committee shall: (i) Supervise the insurer's finances; (ii) Supervise the insurer's operations to the extent to assure conformity with the subscribers' agreement and power of attorney; (iii) Procure the audit of the insurer's and the attorney's accounts and records at the insurer's expense; and (iv) Have any additional powers and functions as the subscribers' agreement confers.