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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) An established district may expand the geographic area of the district if:
(1) a petition for inclusion is submitted from owners of at least 51% of the total number of parcels of nonexempt property and, subject to subsection (b) of this section, a designated board member of a condominium or cooperative housing corporation proposed for inclusion in the district;
(2) the petition under item (1) of this subsection is accepted by a majority vote of the board of the district corporation; and
(b)(1) Notwithstanding any other provision of this title and subject to paragraph (2) of this subsection, a condominium or cooperative housing corporation that is located in the proposed expanded geographic area of the district may petition to join the expansion.
(2) A condominium or cooperative housing corporation described under paragraph (1) of this subsection may petition to join the expansion only if:
(i) the condominium or cooperative housing corporation is governed by a board;
(ii) the board votes to join the district corporation; and
(iii) the board has a representative member of the board sign the appropriate documents required under § 12-1008 of this subtitle.
(3) For the purposes of the votes cast under subsection (a)(1) of this section:
(i) a condominium or cooperative housing corporation shall be considered a single parcel; and
(ii) the decision reached by the board shall constitute the vote of the condominium or cooperative housing corporation.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 12-1011 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-12-1011/
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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