1300 LAWS OF MARYLAND [CH. 463

body of the municipality in the representation of which the
vacancy occurs. Whenever any municipality shall with-
draw from a joint Authority the term of any member or
members appointed from such municipality shall imme-
diately terminate.

A majority of the members shall constitute a quorum of
the Board for the purpose of organizing the Authority and
conducting the business thereof and for all other purposes,
and all action may be taken by vote of a majority of the
members present, unless in any case the by-laws shall re-
quire a larger number. The Board shall have full authority
to manage the properties and business of the Authority and
to prescribe, amend and repeal by-laws, rules, and regu-
lations governing the manner in which the business of the
Authority may be conducted, and the powers granted to it
may be exercised and embodied. The Board shall fix and
determine the number of officers, agents and employees of
the Authority and their respective powers, duties and
compensation and may appoint to such office or offices
any members of the Board with such powers, duties and
compensation as the Board may deem proper.

EACH AUTHORITY SHALL KEEP A COMPLETE
AND TRUE RECORD OF ITS RECEIPTS, EXPENSES
AND EXPENDITURES AND SHALL EMPLOY A CER-
TIFIED PUBLIC ACCOUNTANT TO AUDIT ITS
BOOKS AND ACCOUNTS. EACH AUTHORITY SHALL
ALWAYS KEEP AVAILABLE AND OPEN TO PUBLIC
INSPECTION DURING BUSINESS HOURS, AT ITS
PRINCIPAL OFFICE, A DETAILED AUDIT AND
FINANCIAL STATEMENT OF ITS ACCOUNTS. EACH
AUTHORITY SHALL FILE ANNUALLY WITH THE
GOVERNING BODY OR GOVERNING BODIES OF THE
MUNICIPALITY OR MUNICIPALITIES COMPOSING
THE AUTHORITY A CERTIFIED COPY OF SUCH DE-
TAILED AUDIT AND FINANCIAL STATEMENT. THE
GOVERNING BODY OF THE MUNICIPALITY COM-
POSING AN AUTHORITY, OR IN THE CASE OF AN
AUTHORITY COMPOSED OF TWO OR MORE MU-
NICIPALITIES, THE GOVERNING BODY OF EACH
SUCH MUNICIPALITY, MAY AT ANY TIME IN PER-
SON OR BY ITS DULY AUTHORIZED AGENT OR
AGENTS AUDIT AND EXAMINE THE BOOKS AND
RECORDS OF SUCH AUTHORITY; PROVIDED, HOW-
EVER, THAT SUCH AUDIT OR EXAMINATION
SHALL BE WITHOUT COST TO SAID AUTHORITY.

410F. Each Authority created hereunder shall be
deemed to be an instrumentality exercising public and es-