Section 65-02-03.3 - Board - Powers and dutiesThe board shall:
1. Assist the organization in developing and submitting a budget, responding to any audit recommendations, formulating policies, and discussing issues related to the administration of the organization, including the determination of employer premium rates, maintenance of the solvency of the workforce safety and insurance fund, and provision of rehabilitation services, while ensuring impartiality and freedom from political influence.2. Recommend principles of continuous improvement goalsetting, a procedure for implementing a team-oriented continuous improvement program throughout all operations of the organization. The program must include a number of challenging, measurable goals to ensure the organization maintains focus on improving those areas most important to its primary mission.3. Adopt internal management rules creating bylaws for the board and relating to the election of a board chairman, formation of committees, voting procedures, and other procedural matters.4. Provide annual, formal recommendations to the governor regarding setting premium levels and providing premium dividend distributions.5. Provide formal recommendations to the governor regarding legislation that affect the organization.6. Provide formal recommendations to the governor regarding the fund's investment allocation.