Ch. 311

LAWS OF MARYLAND

other officer and employee of the Commission, at the election of
each individual, may become a member of the State Employees'
Retirement System and be subject fully to the provisions of
Article 73B of this Code, title "Pensions."

(b)  The  Commission from time to time     shall elect one of
their number to serve as vice-chairman. In the absence of the
chairman, the vice-chairman shall assume the duties of that
office.

(c)  The Commission from time to time shall elect one of
their number to serve as treasurer. The treasurer shall be a
responsible person and shall receive and account for such funds
of the Commission as come into his custody. He shall, upon
entering the duties of his office, be covered by a surety bond in
accordance with the provisions of §§ 46 through 50 of Article 78A
of the Annotated Code of Maryland.

[14-609.] 5-209.

The Commissioners may request, and upon request shall
receive from the Attorney General of the State of Maryland, all
legal counsel and services necessary to carry out the purposes of
the Commission.

[14-610.] 5-210.

The Commission may receive and the State [of Maryland] may
pay over and transfer to the Commission, from time to time,
moneys or property to carry out the purposes of the Commission.

[14-611.] 5-211.

The Commission, subject to approval of the Secretary [of the
Department of Economic and Community Development], may procure,
sell, convey, assign, lease, or otherwise purchase, transfer, or
dispose of any property acquired or held by it and enter into any
contracts incident thereto, including but not limited to the
authority to lease properties for residential or commercial use,
for such term and such conditions as the Commission deems
appropriate; except that leases made by the Commission shall be
in immediate furtherance of the purposes of the Commission and
not merely for investment purposes; and except that valuable
lands and buildings transferred to the Commission by the State or
purchased by the Commission with funds provided by the State
shall not be conveyed or disposed of without the approval of the
Board of Public Works. For the purposes of this section the term
valuable shall mean any property or thing in excess of $5,000.00
in value.

[14-612.] 5-212.

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