Ch. 321

LAWS OF MARYLAND

representatives from different areas of the State. THE STATE
TREASURER MAY APPOINT, AS THE TREASURER'S DESIGNEE, THE A DEPUTY
TREASURER TO SERVE ON THE BOARD OF TRUSTEES. One of the at-large
members who is not a farmer representative shall be a
representative of the Department of State Planning. All of the
farmer representatives shall be actively engaged, or retired from
active farming. Three of the five farmer representatives shall be
appointed as follows:

(i) One from a list of three nominees submitted
by the Maryland Agricultural Commission;

(ii) One from a list of three nominees
submitted by the Maryland Farm Bureau; and

(iii) One from a list of three nominees
submitted by the Maryland State Grange.

(2) The Governor shall appoint the chairman of the
board, from among the nine at-large trustees. A majority of the
members of the board serving at any one time constitutes a quorum
for the transaction of business.

Article - Financial Institutions

13-108.

(a)  The Authority consists of the following 9 members:

(1)  7 members appointed by the Secretary with the
approval of the Governor; and

(2)  As ex officio members:

(i) The State Treasurer or the State
Comptroller, as designated by the Governor; [and] IF THE GOVERNOR
DESIGNATES THE STATE TREASURER, THE TREASURER MAY APPOINT, AS THE
TREASURER'S DESIGNEE, THE A DEPUTY TREASURER TO SERVE AS A MEMBER
OF THE AUTHORITY; AND

(ii) The Secretary or the Secretary's designee.

(b)  (1) The term of an appointed member is 5 years.

(2)  The terms of appointed members are staggered as
required by the terms provided for members of the Authority on
July 1, 1980.

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

- 2868 -