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Current as of December 31, 2021 | Updated by FindLaw Staff
(a) Subject to a public hearing under § 12-408 of this subtitle and to accomplish one or more of the legislative purposes listed in § 12-402 of this subtitle, the legislative body of a county or municipal corporation may adopt a local law to create a business improvement district in accordance with this subtitle.
(b) Subsection (a) of this section is self-executing and fully authorizes a county or municipal corporation to establish a district, notwithstanding any other statutory or charter provision.
(c) A local law adopted under subsection (a) of this section shall include:
(1) the name of the district corporation;
(2) that the district corporation is formed under this subtitle;
(3) the names, addresses, and terms of office of the initial members of the board of directors of the district corporation;
(4) the address of the principal office of the district corporation;
(5) the purposes for which the district is formed;
(6) the powers of the district, subject to the limitations on the powers of districts under this subtitle; and
(7) if applicable, articles of incorporation of the district corporation.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 12-403 - last updated December 31, 2021 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-12-403/
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 or via Westlaw before relying on it for your legal needs.
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