Section 10-104 - Membership. - Maryland Statutes

§ 10-104. Membership.
 

(a)  Composition; appointment.-  

(1) The Board consists of 14 trustees. 

(2) The nonvoting trustees are: 

(i) the Secretary; 

(ii) a member of the House of Delegates, appointed by the Speaker of the House; and 

(iii) a member of the Senate, appointed by the President of the Senate. 

(3) With the advice and consent of the Senate, the Governor shall appoint 11 voting trustees, consisting of: 

(i) four representatives of the public; and 

(ii) one representative of each of the following: 

1. title companies doing business in the State; 

2. financial institutions doing business in the State; 

3. political subdivisions; 

4. nonprofit housing developers; 

5. for profit housing developers; 

6. public housing authorities; and 

7. social services providers. 

(b)  Appointment - Geographic distribution.- In appointing trustees, the Governor shall consider geographic representation. 

(c)  Service as trustee.- Service as a trustee is not a State office or State employment for purposes of any prohibition against holding two public positions. 

(d)  Tenure; vacancies.-  

(1) The term of a voting trustee is 4 years. 

(2) The terms of voting trustees are staggered as required by the terms provided for voting trustees on October 1, 2005. 

(3) At the end of a term, a voting trustee continues to serve until a successor is appointed and qualifies. 

(4) A voting trustee who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies. 
 

[An. Code 1957, art. 83B, § 11-103(a), (b), (c)(1)-(3), (d)(1), (f); 2005, ch. 26, § 2; 2008, ch. 547.]