Section 11-504 - Board of Directors. - Maryland Statutes

§ 11-504. Board of Directors.
 

(a)  In general.- A Board of Directors shall manage the affairs of the Corporation and exercise all of the powers of the Corporation. 

(b)  Composition; appointment of members.- The Board consists of the following 18 members: 

(1) as ex officio voting members: 

(i) the Secretary; 

(ii) the Executive Director of the Maryland Economic Development Corporation; and 

(iii) the Executive Director of the Washington County Economic Development Commission; and 

(2) fifteen members appointed by the County Commissioners. 

(c)  Tenure; vacancies.-  

(1) The term of an appointed member of the Board is 4 years. 

(2) The terms of appointed members are staggered as required by the terms provided for members of the Board on October 1, 2008. 

(3) At the end of a term, a member continues to serve until a successor is appointed. 

(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. 
 

[An. Code 1957, art. 83A, § 5-1203(b); 2008, ch. 306, § 2.]