# Business Occupations and Professions (GBO)

## Title 11. Pilots

### Subtitle 5. Employment and Compensation of Pilots

#### Section 11-508

(a) The Association shall submit to the Board:

  (1) an annual financial audit of payments to pilots under Sec. 11-505 of this subtitle; and

  (2) an annual financial audit of the Maintenance and Replacement Fund under Sec. 11-506 of this subtitle.

(b) The Board shall keep copies of the financial audits received under subsection (a) of this section.

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Md. Code Ann., Bus. Occ. & Prof. (as displayed at mgaleg.maryland.gov, October 16, 2026)