{"data":{"id":"us-md/md.-code-economic-development-10-106","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–106","heading":"","body":"(a) A Board of Directors shall manage the Corporation and exercise its powers.\n(b) The Board consists of the following 12 members:\n(1) as ex officio voting members:\n(i) the Secretary; and\n(ii) the Secretary of Transportation; and\n(2) the following members, appointed by the Governor with the advice and consent of the Senate:\n(i) two representatives of local government;\n(ii) three members who are knowledgeable in real estate or commercial financing;\n(iii) three members who are knowledgeable in industrial development or industrial relations; and\n(iv) two members of the general public.\n(c) Each member of the Board shall be a resident of the State.\n(d) In appointing Board members, the Governor shall consider geographic diversity and minority representation.\n(e) (1) The term of an appointed member is 4 years.\n(2) The terms of the appointed members are staggered as required by the terms provided for members of the Board on October 1, 2008.\n(3) At the end of a term, a member continues to serve until a successor is appointed and qualifies.\n(4) A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.\n(f) Before taking office, each member appointed to the Board shall take the oath required by Article 1, § 9 of the Maryland Constitution.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=10-106","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"012af357e54a510aae8a1f7a58cc35aadc77441a4aa0e5c1dcc38c0168caf556","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-105","next":"us-md/md.-code-economic-development-10-107"},"notice":"GroundRules: Original legal text. Not legal advice."}