HARRY HUGHES, Governor                                       2643

(A)  THE PRINCE GEORGE'S COUNTY SUPPLEMENTAL HIGHER
EDUCATION LOAN AUTHORITY SHALL CONSIST OF 5 MEMBERS APPOINTED BY
THE COUNTY EXECUTIVE SUBJECT TO THE CONFIRMATION OF THE COUNCIL.

(B)  (1) EACH MEMBER SHALL BE A RESIDENT OF THE COUNTY.

(2) THE MEMBERS OF THE AUTHORITY SHALL BE PERSONS OF
ABILITY, EXPERIENCE, AND INTEGRITY AND SHALL NOT BE SELECTED AS
REPRESENTING OR SUPPORTING ANY SPECIAL INTEREST OR INTERESTS.

(C)  (1) THE MEMBERS OF THE AUTHORITY FIRST APPOINTED SHALL
SERVE FOR TERMS EXPIRING ON JUNE 30, 1987, 1988, 1989, 1990, AND
1991, RESPECTIVELY, AND UNTIL A SUCCESSOR IS APPOINTED AND
QUALIFIES. ON THE EXPIRATION OF THE TERM OF ANY MEMBER, A
SUCCESSOR SHALL BE APPOINTED FOR A TERM OF 5 YEARS AND UNTIL A
SUCCESSOR IS APPOINTED AND QUALIFIES.

(2)  THE COUNTY EXECUTIVE SHALL APPOINT A QUALIFIED
PERSON TO FILL ANY VACANCY, SUBJECT TO THE CONFIRMATION OF THE
COUNCIL.

(3)  A MEMBER APPOINTED TO FILL A VACANCY IN AN
UNEXPIRED TERM SHALL SERVE ONLY FOR THE REMAINDER OF THAT TERM
AND UNTIL A SUCCESSOR IS APPOINTED AND QUALIFIES.

(4)  A MEMBER OF THE AUTHORITY MAY BE REMOVED BY THE
COUNTY EXECUTIVE FOR MISFEASANCE, MALFEASANCE OR WILLFUL NEGLECT

OF DUTY OR OTHER CAUSE AFTER NOTICE, AND with the approval of the

COUNCIL.

(D)  (1) EACH YEAR THE AUTHORITY SHALL ELECT FROM AMONG ITS
MEMBERS:

(I)  A CHAIR;

(II)  A VICE-CHAIR; AND

(III)  ANY OTHER OFFICERS IT REQUIRES.

(2) (I) THE MEMBERS OF THE AUTHORITY MAY NOT BE
COMPENSATED FOR THEIR SERVICES, BUT MAY BE REIMBURSED FOR ACTUAL
EXPENSES NECESSARILY INCURRED IN THE PERFORMANCE OF THEIR DUTIES;
AND

(II) THE MEMBERS OF THE AUTHORITY SHALL BE
GOVERNED BY THE PROVISIONS OF THE MARYLAND PUBLIC ETHICS LAW AND
SHALL BE REQUIRED TO FILE ANNUAL FINANCIAL DISCLOSURE STATEMENTS.

(3)  EACH MEMBER OF THE AUTHORITY, BEFORE ENTERING
UPON HIS DUTIES, SHALL TAKE A CONSTITUTIONAL OATH OF OFFICE
BEFORE THE CLERK OF THE CIRCUIT COURT OF PRINCE GEORGE'S COUNTY,
THE COUNCIL, OR SOMEONE AUTHORIZED BY LAW TO ADMINISTER OATHS,
AND A RECORD OF EACH SUCH OATH SHALL BE FILED WITH THE CLERK OF
THE CIRCUIT COURT FOR PRINCE GEORGE'S COUNTY.