Ch. 246

LAWS OF MARYLAND

(A)  EACH YEAR, THE BOARD OF REGENTS SHALL ELECT FROM AMONG
THE MEMBERS OF THE BOARD OF REGENTS:

(1)  A CHAIRMAN CHAIRPERSON; AND

(2)  ANY OTHER OFFICER IT REQUIRES.

(B)  (1) THE BOARD SHALL DETERMINE THE TIME AND PLACE OF ITS
MEETINGS AND MAY ADOPT RULES FOR THE CONDUCT OF ITS MEETINGS.

(2)  THE GOVERNOR, THE STATE TREASURER, AND THE STATE
COMPTROLLER SHALL BE NOTIFIED OF ALL MEETINGS OF THE BOARD AND
MAY SIT WITH THE BOARD AT ANY MEETING.

(3)  THE SECRETARY OF BUDGET AND FISCAL PLANNING, THE
CHAIRMEN OF THE SENATE FINANCE AND BUDGET AND TAXATION
COMMITTEES, AND THE CHAIRMEN OF THE HOUSE WAYS AND MEANS AND
APPROPRIATIONS COMMITTEES SHALL BE INVITED TO SIT WITH THE BOARD
AT ANY MEETINGS OF THE BOARD AT WHICH REQUESTS FOR APPROPRIATIONS
ARE PREPARED.

(4) A MAJORITY OF THE VOTING MEMBERS SHALL CONSTITUTE
A QUORUM FOR THE TRANSACTION OF BUSINESS.

(5) NO FORMAL ACTION MAY BE TAKEN BY THE BOARD
WITHOUT THE APPROVAL OF A MAJORITY OF THE VOTING MEMBERS OF THE
BOARD.

12-104.

(A)  IN ADDITION TO ANY OTHER POWERS GRANTED AND DUTIES
IMPOSED BY THIS TITLE, AND SUBJECT TO THE PROVISIONS OF TITLE 11
AND ANY OTHER RESTRICTION EXPRESSLY IMPOSED BY LAW, OR BY ANY
TRUST AGREEMENT INVOLVING A PLEDGE OF PROPERTY OR MONEY, THE
BOARD OF REGENTS HAS THE POWERS AND DUTIES SET FORTH IN THIS
SECTION.

(B)  THE BOARD OF REGENTS:

(1)  IS RESPONSIBLE FOR THE MANAGEMENT OF THE
UNIVERSITY OF MARYLAND SYSTEM AND HAS ALL THE POWERS, RIGHTS, AND
PRIVILEGES THAT GO WITH THAT RESPONSIBILITY, INCLUDING THE POWER
TO CONDUCT OR MAINTAIN ANY INSTITUTIONS, SCHOOLS, OR DEPARTMENTS
IN THE UNIVERSITY AT THE LOCATIONS THE BOARD DETERMINES;

(2)  MAY NOT BE SUPERSEDED IN ITS AUTHORITY BY ANY
OTHER STATE AGENCY OR OFFICE IN MANAGING THE AFFAIRS OF THE
UNIVERSITY OF MARYLAND SYSTEM OR OF ANY CONSTITUENT INSTITUTIONS
AND CENTERS UNDER THE BOARD'S JURISDICTION; AND

(3)  SHALL HAVE ALL THE POWERS OF A MARYLAND
CORPORATION WHICH ARE NOT EXPRESSLY LIMITED BY LAW.

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