§ 13-1105
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/md/financial-institutions/13-1105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–1105.
(a)Nine voting members of the Authority are a quorum.
(b)An action of the Authority must receive the affirmative vote of at least a majority of the voting members of the Authority.
(c)The Authority shall determine the times and places of its meetings.
(d)A member of the Authority:
(1)May not receive compensation; but
(2)Is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.