WILLIAM DONALD SCHAEFER, Governor                        Ch. 3

"Licensed certified public accountant" § 2-101
"Person" § 1-101

"Practice certified public accountancy" § 2-101
"Secretary" § 1-101

2-203. OFFICERS.

(A)  IN GENERAL.

FROM AMONG ITS MEMBERS, THE BOARD SHALL ELECT:

(1)  A CHAIRMAN; AND

(2)  (I) A SECRETARY AND A TREASURER; OR

(II) A SECRETARY-TREASURER.

(B)  ELECTIONS AND TERMS OF OFFICE.

THE MANNER OF ELECTION OF OFFICERS AND THEIR TERMS OF OFFICE
SHALL BE AS THE BOARD DETERMINES.

REVISOR'S NOTE: This section formerly appeared as Art. 75A,
§ 2-203.

The only changes are in style.

Defined term: "Board" § 2-101

2-204. QUORUM; MEETINGS; COMPENSATION; STAFF.

(A)  QUORUM.

A MAJORITY OF THE MEMBERS THEN SERVING ON THE BOARD IS A
QUORUM.

(B)  MEETINGS.

THE BOARD SHALL DETERMINE THE TIMES AND PLACES OF ITS
MEETINGS.

(C)  COMPENSATION AND REIMBURSEMENT FOR EXPENSES.
EACH MEMBER OF THE BOARD IS ENTITLED TO:

(1)  COMPENSATION IN ACCORDANCE WITH THE STATE BUDGET;
AND

(2)  REIMBURSEMENT FOR EXPENSES UNDER THE STANDARD
STATE TRAVEL REGULATIONS, AS PROVIDED IN THE STATE BUDGET.

(D)  STAFF.

- 35 -