Maryland Financial Institutions Section 6-327

Article - Financial Institutions

§ 6-327.

      (a)      If the bylaws provide, a director emeritus may advise and consult with the board and aid the board in carrying out the board's duties and responsibilities.

      (b)      The bylaws shall provide for:

            (1)      The number of directors emeriti; and

            (2)      The qualifications for a director emeritus.

      (c)      A director emeritus:

            (1)      Shall be a member of the credit union; and

            (2)      May not be an officer or an official.

      (d)      A director emeritus may not:

            (1)      Participate in any board or committee deliberations;

            (2)      Make motions; or

            (3)      Vote on any matter before the board.



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