Md. Code, Econ. Dev. § 13-733

Current with changes from the 2024 Legislative Session
Section 13-733 - Corporation
(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.

Md. Code, EC § 13-733

Amended by 2017 Md. Laws, Ch. 631,Sec. 1, eff. 10/1/2017.