|
3224 LAWS OF MARYLAND [Ch. 724
Administrative Departments
409B.
(b) Members of the Council shall serve without pay
except that they shall be reimbursed for [actual]
expenses incurred in the performance of their duties IN
ACCORDANCE WITH THE STANDARD TRAVEL REGULATIONS.
SECTION 3. AND BE IT FURTHER ENACTED, That Section
4(a) of Article 43A — Higher Education Loan Program, of
the Annotated Code of Maryland (1971 Replacement Volume
and 1974 Supplement) be and it is hereby repealed and
re—enacted, with amendments, to read as follows:
Article 43A - Higher Education Loan Program
4.
(a) Such corporation shall be governed and all of
its corporate powers exercised by a board of directors
which shall consist of eleven members, nine of whom shall
be appointed by the Governor with the advice and consent
of the Senate. The chairman of the State Scholarship
Board and the president of the University of Maryland or
his designated representative shall serve as members of
such board ex officio. All members shall be over
eighteen years of age, citizens of the United States and
residents of the State, and shall be appointed for terms
of six years each. Of the members first appointed, three
shall be appointed for a term of two years, three for a
term of four years and three for a term of six years.
The Governor shall designate a chairman and vice—chairman
who shall serve for terms of one year and who shall be
eligible for reappointment for successive terms.
Vacancies shall be filled for the unexpired term in the
same manner as original appointments. Directors shall
receive no compensation for their services but shall be
reimbursed, IN ACCORDANCE WITH THE STANDARD TRAVEL
REGULATIONS, for their expenses [acutally and
necessarily] incurred [by them] in the performance of
their duties under this article.
SECTION 4. AND BE IT FURTHER ENACTED, That Section
4(i) of Article 43C - Maryland Health and Higher
Educational Facilities Authority, of the Annotated Code
of Maryland (1971 Replacement Volume and 1974 Supplement)
be and it is hereby repealed and re—enacted, with
amendments, to read as follows:
Article 43C — Maryland Health and Higher Educational
Facilities Authority
|