§ 13-733
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/md/economic-development/13-733A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–733.
(a)The Bureau may establish a private, nonprofit corporation to assist the Bureau.
(b)Subject to the Corporations and Associations Article, the Bureau shall determine the powers and duties of the corporation.
(c)The Bureau may:
(1)set the number of members of the Board of Directors of the corporation;
(2)set a procedure to elect and remove directors;
(3)set the compensation of a director; and
(4)require the corporation to report periodically to the Bureau on its activities.