(G) THE SECRETARY OF BUDGET AND MANAGEMENT OR THE SECRETARY'S
DESIGNEE SHALL SERVE COINCIDENT WITH THE TERM OF THE GOVERNOR.

(H) THE DIRECTOR OR THE DIRECTOR'S DESIGNEE THE OFFICE FOR
INDIVIDUALS WITH DISABILITIES SHALL STAFF THE BOARD.

14-905.

(A) ANNUALLY, THE BOARD OF DIRECTORS SHALL ELECT ONE OF THEIR
MEMBERS TO SERVE AS CHAIRMAN.

(B) THE BOARD SHALL MEET AT THE CALL OF THE CHAIRMAN, WHENEVER A
REQUEST IS MADE BY FIVE MEMBERS, OR WHEN IT IS NECESSARY TO ATTEND TO
THE BUSINESS OF THE FUND AT LEAST QUARTERLY OR WHENEVER IT IS NECESSARY
TO CARRY OUT ITS DUTIES EFFICIENTLY.

(C) THE BOARD SHALL MEET REGULARLY TO REVIEW THE APPLICATIONS FOR
THE GUARANTEES OF LOANS AND THE SUBSIDIES FOR LOAN INTEREST AND
APPROVE OR DENY THE APPLICATIONS BASED UPON INFORMATION PROVIDED TO OR
OBTAINED BY THE BOARD.

(D) FIVE SIX MEMBERS SHALL CONSTITUTE A QUORUM.

(E) A MEMBER:

(1) MAY NOT RECEIVE COMPENSATION; BUT

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

(F) EXCEPT AS PROVIDED IN SUBSECTION (E) OF THIS SECTION, A MEMBER
MAY NOT FINANCIALLY BENEFIT EITHER DIRECTLY OR INDIRECTLY FROM THE
ACTIVITIES OF THE FUND.

14-906.

(A) THERE IS AN ASSISTIVE TECHNOLOGY GUARANTEED LOAN FUND IN THE
OFFICE FOR INDIVIDUALS WITH DISABILITIES.

(B) THE FUND SHALL BE USED AS A NONLAPSING REVOLVING FUND THE
PURPOSE OF THE FUND IS TO PROVIDE GUARANTEES OF LOANS AND SUBSIDIES OF
LOAN INTEREST FOR THE PURCHASE OF ASSISTIVE TECHNOLOGY EQUIPMENT
DESIGNED TO ENABLE INDIVIDUALS WITH DISABILITIES TO BECOME MORE
INDEPENDENT OR MORE PRODUCTIVE MEMBERS OF THE COMMUNITY WITH AN
IMPROVED QUALITY OF LIFE.

(C) THE BOARD SHALL MANAGE AND ADMINISTER THE FUND.

(D) THE FUND IS A CONTINUING, NONLAPSING FUND WHICH IS NOT SUBJECT
TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(E) THE TREASURER SHALL SEPARATELY HOLD AND THE COMPTROLLER
SHALL ACCOUNT FOR THE FUND.