Ch. 283                             MARVIN MANDEL, Governor                                 663

applicable law or regulation; or (3) is concealing any of its assets, books or
records; or (4) is conducting an unsafe and unsound operation.

(b) The procedure in such receivership action, shall be in all other respects in
accordance with the practice in such court, including all rights of appeal and
review provided by law.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved May 7, 1973.

CHAPTER 283
(Senate Bill 1187)

AN ACT to repeal and re-enact, with amendments, Section 2 of Article 74 of the
Annotated Code of Maryland (1970 Replacement Volume and 1972
Supplement), title "Pilots," providing for compensation of Board members,
clarification of certain language and matters relating to the laws concerning
pilots.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 2 of Article 74 of the Annotated Code of Maryland
(1970 Replacement Volume and 1972 Supplement), title "Pilots," is hereby
repealed and re-enacted, with amendments, to read as follows:

2.

The Board of Examiners of Maryland Pilots is hereby created and shall be a
part of the Department of Licensing and Regulation. It shall consist of [the
chairman of the commissioners of the Maryland Port Authority, or in the event
that a State Department of Transportation is established] a designee of the
Secretary of Transportation, the president of the Baltimore Chamber of
Commerce, the president of the Association of Maryland Pilots and four members
appointed by the Governor, with the advice of the Secretary of Licensing and
Regulation. Two members of the Board appointed by the Governor shall be
actively engaged in the ownership, operation or management of ocean-going vessels
required to employ pilots licensed under this article and shall not hold or ever have
held any license as a master or pilot issued by any State or federal authority. Two
members of the Board appointed by the Governor shall be licensed as lawful pilots
under this article for at least five years prior to their appointment.

Five members shall constitute a quorum for the transaction of all business if at
least two members present are engaged in the ownership, operation or management
of ocean-going vessels, and at least two members present are pilot members of the
Board.

Of the first four members appointed to the Board, two members shall be
appointed for two-year terms and two members shall be appointed to one-year
terms. Succeeding members shall be appointed for two-year terms, and any
member shall be eligible to succeed himself. Any vacancy which may occur in the
Board shall be filled by the Governor, with the advice of the Secretary of Licensing
and Regulation, as in the case of an original appointment, for the remainder of the
unexpired term.

The Board of Examiners of Maryland Pilots shall "receive (thirty five hundred
dollars ($3,500)] FORTY-FIVE HUNDRED DOLLARS ($4,500) a year from
pilotage fees collected to defray the expenses of the said Board. THE MEMBERS
OF THE BOARD AND THE REGISTRAR APPOINTED BY THEM SHALL
RECEIVE THE SUM OF FIVE HUNDRED DOLLARS ($500) ANNUALLY,