504

LAWS OF MARYLAND

Ch. 22

BE FINANCED EXCLUSIVELY BY SUCH STATES AND TO BE CONTROLLED
EXCLUSIVELY BY THE MEMBERS OF THE BOARD REPRESENTING SUCH
STATES PROVIDED SUCH AGREEMENT IS SUBMITTED TO AND APPROVED
BY THE BOARD PRIOR TO THE ESTABLISHMENT OF SUCH
INSTITUTIONS.

IF) FINANCIAL CONTRIBUTIONS OF SIGNATORY STATES.

EACH STATE AGREES THAT, WHEN AUTHORIZED BY THE
LEGISLATURE, IT WILL FROM TIME TO TIME MAKE AVAILABLE AND
PAY OVER TO SAID BOARD SUCH FUNDS AS MAY BE REQUIRED FOR THE
ESTABLISHMENT, ACQUISITION, OPERATION AND MAINTENANCE OF
SUCH REGIONAL EDUCATIONAL INSTITUTIONS AS MAY BE AUTHORIZED
BY THE STATES UNDER THE TERMS OF THIS COMPACT, THE
CONTRIBUTION OF EACH STATE AT ALL TIMES TO BE IN THE
PROPORTION THAT ITS POPULATION BEARS TO THE TOTAL COMBINED
POPULATION OF THE STATES WHO ARE PARTIES HERETO AS SHOWN
FROM TIME TO TIME BY THE MOST RECENT OFFICIAL PUBLISHED
REPORT OF THE BUREAU OF THE CENSUS OF THE UNITED STATES OF
AMERICA; OR UPON SUCH OTHER BASIS AS MAY BE AGREED UPON.

(G) WHEN COMPACT TO TAKE EFFECT AND BECOME BINDING.

THIS COMPACT SHALL NOT TAKE EFFECT OR BE BINDING UPON
ANY STATE UNLESS AND UNTIL IT SHALL BE APPROVED BY PROPER
LEGISLATIVE ACTION OF AS MANY AS SIX OR MORE OF THE STATES
WHOSE GOVERNORS HAVE SUBSCRIBED HERETO WITHIN A PERIOD OF
EIGHTEEN MONTHS FROM THE DATE HEREOF. WHEN AND IF SIX OR
MORE STATES SHALL HAVE GIVEN LEGISLATIVE APPROVAL TO THIS
COMPACT WITHIN SAID EIGHTEEN MONTHS' PERIOD, IT SHALL BE AND
BECOME BINDING UPON SUCH SIX OR MORE STATES 60 DAYS AFTER
THE DATE OF LEGISLATIVE APPROVAL BY THE SIXTH STATE AND THE
GOVERNORS OF SUCH SIX OR MORE STATES SHALL FORTHWITH NAME
THE MEMBERS OF THE BOARD FROM THEIR STATES AS HEREINABOVE
SET OUT, AND THE BOARD SHALL THEN MEET ON CALL OF THE
GOVERNOR OF ANY STATE APPROVING THIS COMPACT, AT WHICH TIME
THE BOARD SHALL ELECT OFFICERS, ADOPT BYLAWS, APPOINT
COMMITTEES AND OTHERWISE FULLY ORGANIZE. OTHER STATES
WHOSE NAMES ARE SUBSCRIBED HERETO SHALL THEREAFTER BECOME
PARTIES HERETO UPON APPROVAL OF THIS COMPACT BY LEGISLATIVE
ACTION WITHIN TWO YEARS FROM THE DATE HEREOF, UPON SUCH
CONDITIONS AS MAY BE AGREED UPON AT THE TIME. PROVIDED,
HOWEVER, THAT WITH RESPECT TO ANY STATE WHOSE CONSTITUTION
MAY REQUIRE AMENDMENT IN ORDER TO PERMIT LEGISLATIVE
APPROVAL OF THE COMPACT, SUCH STATE OR STATES SHALL BECOME
PARTIES HERETO UPON APPROVAL OF THIS COMPACT BY LEGISLATIVE
ACTION WITHIN SEVEN YEARS FROM THE DATE HEREOF, UPON SUCH
CONDITIONS AS MAY BE AGREED UPON AT THE TIME.

(H) DURATION AND TERMINATION OF COMPACT; WITHDRAWAL BY
SIGNATORY STATE.

AFTER BECOMING EFFECTIVE THIS COMPACT SHALL THEREAFTER
CONTINUE WITHOUT LIMITATION OF TIME; PROVIDED, HOWEVER, THAT
IT MAY BE TERMINATED AT ANY TIME BY UNANIMOUS ACTION OF THE
STATES AND PROVIDED FURTHER THAT ANY STATE MAY WITHDRAW FROM
THIS COMPACT IF SUCH WITHDRAWAL IS APPROVED BY ITS
LEGISLATURE, SUCH WITHDRAWAL TO BECOME EFFECTIVE TWO YEARS