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Current as of January 01, 2025 | Updated by Findlaw Staff
The compact committee shall have the following voting requirements:
(1) each official shall be entitled to one vote on the compact committee;
(2) a majority vote of the total number of officials on the compact committee shall be required to:
(i) admit another party state;
(ii) issue or renew a racing license; and
(iii) receive or distribute any funds;
(3) a two-thirds majority vote of the total number of officials on the compact committee shall be required to adopt, amend, or rescind the bylaws;
(4) all other actions by the compact committee shall require a majority vote of those officials who are present for the vote; and
(5) no action may be taken by the compact committee unless a quorum of the officials on the compact committee is present for the vote.
Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-1308 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-1308/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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