442                                         LAWS OF MARYLAND                             [Ch. 3

ANY TIME DURING THE YEAR FOR WHICH THE STATEMENT IS
FILED AN INTEREST OF THE PERSON MAKING THE STATEMENT.

(C) ANY INTEREST HELD BY A TRUST, OTHER THAN A
COMMON TRUST FUND, UNDER WHICH TRUST THE PERSON MAKING
THE STATEMENT HELD A REVERSIONARY INTEREST AT ANY TIME
DURING THE YEAR FOR WHICH THE STATEMENT IS FILED [[A
REVERSIONARY INTEREST]], OR UNDER WHICH TRUST THE
PERSON MAKING THE STATEMENT WAS AT ANY TIME DURING
THAT YEAR A TRUSTOR, IF A REVOCABLE TRUST, OR A
BENEFICIARY.

[[28-7]] 29-7. FINANCIAL DISCLOSURE ADVISORY BOARD.

(A) THERE IS ESTABLISHED THE FINANCIAL DISCLOSURE
ADVISORY BOARD. IT SHALL CONSIST OF [[THREE]] FIVE
MEMBERS, [[ONE]] TWO APPOINTED BY THE GOVERNOR, ONE
APPOINTED BY THE PRESIDENT OF THE SENATE, [[AND]] ONE
APPOINTED BY THE SPEAKER OF THE HOUSE OF DELEGATES,

AND ONE, WHO SHALL NOT BE A JUDGE, APPOINTED BY THE

CHIEF JUDGE OF THE COURT OF APPEALS. ONE APPOINTEE OF

THE GOVERNOR SHALL BE FROM THE PRINCIPAL MAJORITY

PARTY AND ONE APPOINTEE SHALL BE FROM THE PRINCIPAL

MINORITY PARTY. THE BOARD SHALL ELECT ONE OF ITS
MEMBERS AS CHAIRMAN. THE MEMBERS SHALL EACH HOLD-
OFFICE FOR A TERM OF FOUR YEARS, CO-EXTENSIVE WITH THE
TERM OF THE GOVERNOR, AND SHALL CONTINUE IN OFFICE
UNTIL THEIR RESPECTIVE SUCCESSORS ARE APPOINTED.
VACANT POSITIONS ON THE BOARD SHALL BE FILLED
PROMPTLY, FOR THE UNEXPIRED TERM THEREOF, BY WHICHEVER
APPOINTING AUTHORITY APPOINTED THE MEMBER WHOSE
POSITION IS BEING FILLED. MEMBERS OF THE BOARD SHALL
BE ELIGIBLE FOR REAPPOINTMENT. NO OFFICER OR EMPLOYEE
OF THE STATE OF MARYLAND OR ANY OF ITS SUBDIVISIONS OR
CANDIDATE FOR PUBLIC OFFICE SHALL BE ELIGIBLE TO SERVE
ON THE BOARD. EACH MEMBER OF THE BOARD SHALL RECEIVE
PER DIEM COMPENSATION AS PROVIDED IN THE BUDGET FOR
EACH DAY ACTUALLY ENGAGED IN THE DISCHARGE OF THAT
MEMBER'S OFFICIAL DUTIES, AS WELL AS REIMBURSEMENT FOR
ALL NECESSARY AND PROPER EXPENSES. THE BOARD SHALL
HAVE SUCH STAFF AS PROVIDED IN THE BUDGET. MEETINGS
SHALL BE HELD AT THE CALL OF THE CHAIRMAN, OR ANY
[[TWO]] THREE MEMBERS OF THE BOARD. [[TWO]] THREE
MEMBERS SHALL CONSTITUTE A QUORUM AND THE CONCURRENCE
OF AT LEAST [[TWO]] THREE MEMBERS SHALL BE REQUIRED
FOR ANY ADVISORY DECISION OR OPINION RENDERED BY THE
BOARD. WITHIN THIRTY (30) DAYS FROM THE EFFECTIVE
DATE OF THIS SUBTITLE, THE GOVERNOR, THE PRESIDENT,
[[AND]] THE SPEAKER, AND THE CHIEF JUDGE OF THE COURT
OF APPEALS SHALL APPOINT INITIAL MEMBERS TO THE BOARD,
TO SERVE UNTIL THE THIRD WEDNESDAY OF JANUARY, 1975.