968 ARTICLE 77.

(6) Each trustee shall be entitled to one vote in the Board. Three
votes shall be necessary for a decision by the trustees at any meeting of
said Board.

(7) Subject to the limitations of this sub-title the Board of Trustees
shall, from time to time, establish rules and regulations for the administra-
tion of the funds created by this sub-title and for the transaction of its
business.

(8) The Board of Trustees shall elect from its membership a chairman
and shall by a majority vote of all its members appoint a secretary, who
may be, but need not be, one of its members. It shall engage such actuarial
and other service as shall be required to transact the business of the
retirement system. The compensation of all persons engaged by the
Board of Trustees, and al] other expenses of the Board necessary for the
operation of the retirement system shall be paid at such rates and in such
amounts as the Board of Trustees shall approve, and in accordance with
appropriation made by the General Assembly.

(9) The Board of Trustees shall keep in convenient form such data as
shall be necessary for actuarial valuation of the various funds of the
retirement system, and for checking the experience of the system.

(10) The Board of Trustees shall keep a record of all its proceedings
which shall be open to public inspection. It shall publish annually on or
before the first day of January a report showing the fiscal transactions of
the retirement system for the preceding school year, the amount of the accu-
mulated cash and securities of the system, and the last balance sheet show-
ing the financial condition of the system by means of an actuarial valuation
of the assets and liabilities of the retirement system.

Legal Adviser.

(11) The Attorney General of the State of Maryland shall be the legal
adviser of the Board of Trustees.

Medical Board.

(12) The Board of Trustees shall designate a Medical Board to be com-
posed of three physicians not eligible to participate in the retirement sys-
tem. If required, other physicians may be employed to report on special
cases. The Medical Board shall arrange for and pass upon all medical
examinations required under the provisions of this sub-title, shall investi-
gate all essential statements and certificates by or on behalf of a member
in connection with an application for disability retirement, and shall report
in writing to the Board of Trustees its conclusions and recommendations
upon all the matters referred to it.

Duties of Actuary.

(13) The Board of Trustees shall designate an actuary who shall be the
technical adviser of the Board of Trustees on matters regarding the opera-
tion of the funds created by the provisions of this sub-title, and shall per-
form such other duties as are required in connection therewith.