WILLIAM DONALD SCHAEFER, Governor Ch. 306

(4)  May not participate or ever have participated in
a related commercial or professional field;

(5)  May not have a household member who participates
in a related commercial or professional field; and

(6)  May not have had within 2 years before
appointment a substantial financial interest in a person
regulated by the Board.

(c)  While a member of the Board, a consumer member may not
have a substantial financial interest in a person regulated by
the Board.

(d)  Before taking office, each appointee to the Board shall
take the oath required by Article I, § 9 of the State
Constitution.

(e)  (1) The term of a member is 5 years.

(2)  The terms of members are staggered as required by
the terms provided for members of the Board on July 1, 1981.

(3)  At the end of a term, a member continues to serve
until a successor is appointed and qualifies.

(4)  A member who is appointed after a term has begun
serves only for the rest of the term and until a successor is
appointed and qualifies.

(5)  After July 1, 1984, a member may not serve more
than 1 consecutive 5-year term.

(f)  The Governor may remove a member for incompetence,
misconduct, neglect of duty, or other sufficient cause.

[5.5-203] 11-203.

(a)  From among its members, the Board annually shall elect
a chairman, a vice chairman, and a secretary.

(b)  The manner of election of officers shall be as the
Board determines.

[5.5-204] 11-204.

(a)  Five members of the Board are a quorum.

(b)  (1) The Board shall meet at least twice a year, at the
times and places that the Board determines.

(2) Special meetings of the Board shall be called by
the Board secretary at:

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