Md. Code, Fin. Inst. § 6-327

Current with changes from the 2024 Legislative Session
Section 6-327 - Director Emeritus
(a) If the bylaws provide, a director emeritus may advise and consult with the board and aid the board in carrying out the board's duties and responsibilities.
(b) The bylaws shall provide for:
(1) The number of directors emeriti; and
(2) The qualifications for a director emeritus.
(c) A director emeritus:
(1) Shall be a member of the credit union; and
(2) May not be an officer or an official.
(d) A director emeritus may not:
(1) Participate in any board or committee deliberations;
(2) Make motions; or
(3) Vote on any matter before the board.

Md. Code, FI § 6-327