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Ch.3
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2007 Laws of Maryland
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(C) COMPENSATION AND REIMBURSEMENT FOR EXPENSES.
A MEMBER:
(1) MAY NOT RECEIVE COMPENSATION AS A MEMBER OF THE BOARD;
BUT
(2) IS ENTITLED TO REIMBURSEMENT FOR EXPENSES UNDER THE
STANDARD STATE TRAVEL REGULATIONS AS PROVIDED IN THE STATE BUDGET.
(D) FINANCIAL BENEFIT PROHIBITED.
EXCEPT AS PROVIDED IN SUBSECTION (C) OF THIS SECTION, A MEMBER MAY
NOT FINANCIALLY BENEFIT DIRECTLY OR INDIRECTLY FROM THE ACTIVITIES OF
THE FUND.
(E) STAFF.
THE DEPARTMENT SHALL PROVIDE STAFF TO THE BOARD.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 41, §§ 14-904(g) and 14-905(b), (d), (e), and (f).
In subsection (b) of this section, the reference to meeting "more often as"
necessary is substituted for the former reference to meeting "whenever it
is" necessary for clarity in light of the requirement that the Board meet "at
least quarterly". This substitution is called to the attention of the General
Assembly.
In subsection (c) of this section, the phrase "as a member of the Board" is
added for clarity.
Defined terms: "Board" § 7-601
"Department" § 7-601
7-608. BOARD AUTHORIZED TO GUARANTEE LOANS AND PROVIDE INTEREST
SUBSIDIES.
SUBJECT TO §§ 7-609(A) AND 7-610 OF THIS SUBTITLE, THE BOARD MAY PROVIDE
A GUARANTEE OF A LOAN OR A SUBSIDY OF LOAN INTEREST FOR A LOAN TO AN
INDIVIDUAL FOR THE PURCHASE OF ASSISTIVE TECHNOLOGY.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 41, § 14-909.
The reference to a loan "for the purchase of assistive technology" is
substituted for the former reference to a loan "made to a qualifying
borrower" for clarity and consistency throughout this subtitle.
The former phrase "on application" is deleted as unnecessary in light of the
reference to "§§ 7-609(a) and 7-610 of this subtitle".
Defined term: "Board" § 7-601
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