Md. Code, Economic Development § 13–733

(a) The Bureau may establish a private, nonprofit 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.