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2017 Maryland Code
Human Services
Title 8 - Children, Youth, and Families
Subtitle 8 - Residential Child Care Programs -- Corporate Responsibility and Governance
§ 8-805. Board of directors; chief financial officer
Universal Citation: MD Human Svs Code § 8-805 (2017)
- (a) Minimum size of board; qualifications of members. --
- (1) A corporation shall have a board of directors that consists of at least five individuals with an interest in or knowledge of the needs of children and their families.
- (2) Of the members of the board of directors:
- (i) at least one shall be a resident of the State;
- (ii) at least one shall have demonstrated experience in or knowledge of the field of human services; and
- (iii) at least one shall have demonstrated knowledge in the fields of accounting, business, or financial management.
- (3)
- (i) An employee, or an immediate family member of an employee, of a corporation or residential child care program may not serve on the corporation's board of directors.
- (ii) A person who is compensated by a corporation for providing goods or services may not serve on the corporation's board of directors.
- (b) Chief financial officer. -- A corporation shall have a chief financial officer.
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