§ 10-903
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/md/economic-development/10-903A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§10–903.
(a)A Board of Directors shall manage the Corporation and its units and exercise the corporate powers of the Board of Directors.
(b)The Board consists of the following 17 members:
(1)the Secretary;
(i)one member of the Senate of Maryland, who shall be a nonvoting member of the Board, designated by the President of the Senate; and
(ii)one member of the House of Delegates, who shall be a nonvoting member of the Board, designated by the Speaker of the House; and
(3)the following 14 members, appointed by the Governor with the advice and consent of the Senate:
(i)three representing businesses in the State;
(ii)two representing labor in the State;
(iii)two representing nonprofit organizations in the State;
(iv)three with expertise in marketing or advertising;
(v)one with expertise in public relations and communications; and
(vi)three with expertise in economic development.
(c)Each member of the Board shall reside in the State.
(d)In making appointments to the Board, the Governor shall consider diversity and all geographic regions of the State.
(e)A member of the Board:
(1)may not receive compensation as a member of the Board; but
(2)is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
(1)The term of an appointed member is 4 years.
(2)The terms of the appointed members are staggered as required by the terms provided for members on October 1, 2015.
(3)At the end of a term, an appointed member continues to serve until a successor is appointed and qualifies.
(4)A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.
(g)The Governor may remove an appointed member for incompetence, misconduct, or failure to perform the duties of the position.
(h)The Board shall elect a chair from among the members of the Board.
(i)The Board may act with an affirmative vote of nine board members.