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Current as of January 01, 2025 | Updated by Findlaw Staff
(a)(1) The Board consists of 14 trustees.
(2) The nonvoting trustees are:
(i) the Secretary;
(ii) a member of the House of Delegates, appointed by the Speaker of the House; and
(iii) a member of the Senate, appointed by the President of the Senate.
(3) With the advice and consent of the Senate, the Governor shall appoint 11 voting trustees, consisting of:
(i) four representatives of the public; and
(ii) one representative of each of the following:
1. title companies doing business in the State;
2. financial institutions doing business in the State;
3. political subdivisions;
4. nonprofit housing developers;
5. for profit housing developers;
6. public housing authorities; and
7. social services providers.
(b) In appointing trustees, the Governor shall consider geographic representation.
(c) Service as a trustee is not a State office or State employment for purposes of any prohibition against holding two public positions.
(d)(1) The term of a voting trustee is 4 years.
(2) The terms of voting trustees are staggered as required by the terms provided for voting trustees on October 1, 2005.
(3) At the end of a term, a voting trustee continues to serve until a successor is appointed and qualifies.
(4) A voting trustee who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.
Cite this article: FindLaw.com - Maryland Code, Housing and Community Development § 10-104 - last updated January 01, 2025 | https://codes.findlaw.com/md/housing-and-community-development/md-code-hous-and-cmty-dev-sect-10-104/
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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