Md. Code, Financial Institutions § 13-1006
Md. Code, Financial Institutions § 13-1006
in effect(a) Five members of the Authority are a quorum.
(b) Actions of the Authority must receive the affirmative vote of at least four members.
(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=13-1006&enactments=falseFetched: 10/17/2026