Plain Text Law

§ 5–508

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 5-508 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 5. Maryland Small Business Development Financing Authority

§ 5–508Copy Citation

(a)
(1)
Four members of the Authority are a quorum.
(2)
The Authority may not act on any matter unless at least four members in attendance concur.
(b)
The Authority shall determine the times and places of its meetings.
(c)
A member of the Authority is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
(d)
The Authority may employ a staff in accordance with the State budget.