Subscribers' Advisory Committee
The Subscribers' Advisory Committee (SAC) is made up of subscribers and oversees the operations of the Attorney-in-fact to assure conformity with the subscriber's agreement and power of attorney for the benefit of all subscribers.
The committee is composed of up to nine individuals, eight of whom are elected to a three year term of office and the President serving as an ex officio member. The election for committee members is held no later than 30 June and ballots are distributed to all members.
The duties and responsibilities of Subscribers' Advisory Committee are:
- Supervise the Attorney-in-fact's operations
- Act as trustees of Subscribers' stock
- Supervise the finances of AFI
- Advise in the selection of accountants for annual statements
2015 - 2016 Subscribers' Advisory Committee
Vice Chairman and SAC Chairman
SAC Vice Chairman
President & Chief Executive Officer (ex officio)