2572

LAWS OF MARYLAND

Ch. 879

PROVISIONS OF §§ 46 THROUGH 50 OF ARTICLE 78A OF THIS CODE.
THREE DIRECTORS OF THE AUTHORITY SHALL CONSTITUTE A QUORUM,
BUT IN NO CASE SHALL ANY ACTION TAKEN BY THE AUTHORITY BE
TAKEN BY AN AFFIRMATIVE VOTE OF LESS THAN THREE DIRECTORS.
A VACANCY IN THE MEMBERSHIP OF THE AUTHORITY OR
DISQUALIFICATION OF A DIRECTOR UNDER § 266HH-12 DOES NOT
IMPAIR THE RIGHT OF THE QUORUM TO EXERCISE ALL RIGHTS AND
PERFORM ALL THE DUTIES OF THE AUTHORITY. ALL DIRECTORS OF
THE AUTHORITY SHALL BE REIMBURSED FOR THEIR EXPENSES
INCURRED IN THE PERFORMANCE OF THEIR DUTIES IN ACCORDANCE
WITH THE STANDARD TRAVEL REGULATIONS.

(E) IN ADDITION TO THE FIVE DIRECTORS, THE GOVERNOR
SHALL APPOINT EITHER THE STATE TREASURER OR THE STATE
COMPTROLLER AS AN EX OFFICIO MEMBER OF THE AUTHORITY. THE
SECRETARY OF ECONOMIC AND COMMUNITY DEVELOPMENT OR HIS
DESIGNEE SHALL ALSO BE AN EX OFFICIO MEMBER OF THE
AUTHORITY. THE TWO EX OFFICIO MEMBERS HAVE ALL OF THE
POWERS OF A DIRECTOR.

266HH-4.

(A) THE MANAGER SHALL BE APPOINTED BY THE AUTHORITY,
SUBJECT TO THE APPROVAL OF THE SECRETARY OF ECONOMIC AND
COMMUNITY DEVELOPMENT, AND HIS TENURE OF OFFICE SHALL BE AT
THE PLEASURE OF THE AUTHORITY, SUBJECT TO THE CONCURRENCE OF
THE SECRETARY OF ECONOMIC AND COMMUNITY DEVELOPMENT. HE
SHALL BE IN THE UNCLASSIFIED SERVICE.

(E) THE MANAGER SHALL BE THE CHIEF ADMINISTRATIVE
OFFICER FOR THE AUTHORITY AND AS SUCH SHALL DIRECT AND
SUPERVISE THE ADMINISTRATIVE AFFAIRS AND TECHNICAL
ACTIVITIES OF THE AUTHORITY IN ACCORDANCE WITH RULES,
REGULATIONS, AND POLICIES AS SET FORTH BY THE AUTHORITY. IT
IS THE DUTY OF THE MANAGER AMONG OTHER THINGS:

(1)    TO ATTEND ALL MEETINGS OF THE AUTHORITY,
AND TO ACT AS ITS SECRETARY AND KEEP MINUTES OF ALL ITS
PROCEEDINGS;

(2)    TO APPROVE ALL ACCOUNTS FOR SALARIES, PER
DIEM PAYMENTS, AND ALLOWABLE EXPENSES OF THE AUTHORITY OR OF
ANY EMPLOYEE OR CONSULTANT THEREOF, AND EXPENSES INCIDENTAL
TO THE OPERATION OF THE AUTHORITY; AND

(3)    TO PERFORM SUCH OTHER DUTIES AS MAY BE
DIRECTED BY THE AUTHORITY OR THE SECRETARY OF ECONOMIC AND
COMMUNITY DEVELOPMENT IN THE CARRYING OUT OF THE PURPOSES OF
THIS SUBHEADING.

266HH-5.

THE AUTHORITY MAY ASSIST ELIGIBLE APPLICANTS IN THE
FOLLOWING MANNER.

(1) THE AUTHORITY MAY DIRECTLY LOAN AN ELIGIBLE
APPLICANT NOT MORE THAN $500,000 $150,000. THE DURATION OF
THE LOAN MAY NOT EXCEED THE TERM OF THE CONTRACT. THE