Ch. 492 LAWS OF MARYLAND

(3) A MEMBER WHO IS APPOINTED AFTER A TERM HAS BEGUN
SERVES ONLY FOR THE REST OF THE TERM AND UNTIL A SUCCESSOR IS
APPOINTED.

62-4. OFFICERS AND MEETINGS.

A. ELECTION OF OFFICERS. FROM AMONG ITS MEMBERS, THE
COMMISSION SHALL ANNUALLY ELECT A PRESIDENT, SECRETARY AND
TREASURER.

B. RULES OF PROCEDURE. THE MANNER OF ELECTION OF
OFFICERS AND OF MEETINGS SHALL BE AS THE COMMISSION
DETERMINES.

62-5. POWERS AND DUTIES.
THE COMMISSION MAY:
A. ESTABLISH THE POSITION OF CURATOR.

B. ESTABLISH AN OFFICE OF THE CURATOR FOR CHARLES
COUNTY, LOCATED IN THE SOUTHERN MARYLAND ROOM OF THE
CHARLES COUNTY COMMUNITY COLLEGE.

C. ACCEPT FUNDS, GIFTS, LEGACIES, BEQUESTS AND
ENDOWMENTS FROM PRIVATE SOURCES FOR ANY PURPOSE THAT IS
WITHIN THE JURISDICTION OF THE COMMISSION.

CHAPTER 64
HOUSING COOPERATIVES

64-1. STATUTORY EXEMPTIONS AUTHORIZED FOR LEASES OR OTHER
AGREEMENTS PERTAINING TO NONPROFIT HOUSING COOPERATIVES.

LEASES OR OTHER AGREEMENTS FOR PERPETUAL USE AND
OCCUPANCY OF PROPERTY LOCATED IN CHARLES COUNTY BY
NONPROFIT HOUSING COOPERATIVE CORPORATIONS TO MEMBERS OF
SUCH CORPORATIONS FOR RESIDENCE PURPOSES SHALL BE EXEMPT
FROM THE PROVISIONS OF CHAPTER 485 OF THE ACTS OF 1884 OF THE
GENERAL ASSEMBLY OF MARYLAND, AND AMENDMENTS TO THE LAWS
ENACTED THEREBY, PERTAINING TO REDEMPTION OF LEASES. ANY
TERMS OF SUCH LEASES OR OTHER AGREEMENTS REASONABLY
APPROPRIATE FOR THE ADMINISTRATION OF A PLAN OF COOPERATIVE
OWNERSHIP OF SUCH PROPERTY SHALL BE VALID AND ENFORCEABLE,
REGARDLESS OF THE TERM OR DURATION OF SUCH LEASE OR
AGREEMENT. SUCH LEASES OR OTHER AGREEMENTS PERTAINING TO
PROPERTY LOCATED IN CHARLES COUNTY, AS ABOVE DESCRIBED,
SHALL ALSO BE EXEMPT FROM THE PROVISIONS OF ARTICLE 21, §§ 118
TO 124, OF THE ANNOTATED CODE OF MARYLAND, 1951 EDITION, UNDER
THE SUBTITLE "LAND INSTALLMENT CONTRACTS."

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