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Session Laws, 1970
Volume 695, Page 1922   View pdf image
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1922                             Laws of Maryland                       Ch. 677

who shall hold office for a term of three years, and an economist
appointed from a list of three (3) names submitted to the Governor
by the president of Johns Hopkins University who shall hold office
for a term of two years. Neither the attorney at law nor the
economist member shall be a certified public accountant.] one
member shall be a full time college professor in the field of account-
ing at an accredited institution who holds a Maryland CPA cer-
tificate, and one member shall be an attorney at law practicing and
in good standing in the courts of Maryland, each of whom shall hold
office for a term of three years. The attorney-at-law shall not be a
certified public accountant.

(b)  The members of the Board in office on July 1, [1961] 1970,
shall continue in office during the remainder of the respective terms
for which they were appointed. Upon the expiration of each of
said terms and of each subsequent term the successor of such mem-
bers shall be appointed for the terms specified in subsection (a) of
this section [for the accountant, attorney-at-law and economist
members, respectively].

(c)  Vacancies occurring during a term shall be filled by appoint-
ment for the unexpired term. Upon the expiration of his term of
office a member shall continue to serve until his successor shall have
been appointed and shall have qualified. No person may be appointed
to more than two full successive terms on the Board, unless an
interval of at least three years has elapsed following the second of
the successive terms.
The Governor shall remove from the Board
any member who shall cease to be qualified under the requirements
stated in subsection (a) above, and may remove any member for a
sufficient cause on written notice containing charges and specifica-
tions and after a reasonable opportunity for hearing thereon.

(d)  The Board may elect from its members a chairman, a secre-
tary and a treasurer, (or a secretary-treasurer), to hold office dur-
ing the Board's pleasure. The Board may adopt and amend from
time to time regulations for the orderly conduct of its affairs and
for the administration of this article. The Board shall promulgate
and may amend rules of professional conduct appropriate to estab-
lish and maintain a high standard of integrity and dignity in the
profession of public accounting.
A majority of the Board shall
constitute a quorum for the transaction of business. [The Board
shall have a seal which shall be judicially noticed.] The Board shall
keep records of its proceedings, and in any proceeding in court,
civil or criminal, copies of said records certified as correct under
the seal of the Board shall be admissible in evidence as tending to
prove the content of said records. The Board may employ such
personnel and arrange for such assistance as it may require for the
performance of its duties.

(e)  Each member, officer, assistant and employee of the Board
shall be paid such compensation as may be allowed from time to
time in the State budget, and shall be reimbursed for his actual and
necessary expenses incurred by authority of the Board in the dis-
charge of his official duties.

(f)  All fees and other monies received by the Board pursuant to
any of the provisions of this article shall be deposited with the
State Treasurer, kept by him in a special fund, and expended solely
for the purposes of this article. At the end of each year this special

 

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Session Laws, 1970
Volume 695, Page 1922   View pdf image
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