2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 13-733 - Corporation
§13-733.
(a) The Bureau may establish a private, not-for-profit corporation to assist the Bureau.
(b) Subject to the Corporations and Associations Article, the Bureau shall determine the powers and duties of the corporation.
(c) The Bureau may:
(1) set the number of members of the Board of Directors of the corporation;
(2) set a procedure to elect and remove directors;
(3) set the compensation of a director; and
(4) require the corporation to report periodically to the Bureau on its activities.
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