The term of membership is four years, renewable for one term only, except for the first board members, where only three of them can be renewed for a third term. A commissioner’s position becomes vacant by death, disability or resignation. Furthermore, a commissioner shall lose his capacity and the seat thereof become vacant and a decree shall be issued to end his membership in the following cases: 1. If a final judgment of his bankruptcy is issued. 2. If he is charged with a definitive crime related to breach of honor or trust or with a freedom restricting penalty in a crime. 3. If within one year he does not attend three consecutive meeting or six non-consecutive meetings without good reason acceptable to the Board of Commissioners. 4. If he violates the provisions of Article (27) or Article (29) of the Law. 5. If he deliberately violates the code of ethics set by the Board of Directors by virtue of which it set the rules, conducts and ethics of commissioners.