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Terms Used In Maryland Code, ECONOMIC DEVELOPMENT 11-406

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: means a county of the State or Baltimore City. See
(a) (1) Subject to the approval of the County Commissioners, the Board shall appoint an Executive Director.

(2) The Executive Director serves at the pleasure of the Board.

(3) The Board shall determine the salary of the Executive Director.

(b) (1) The Executive Director is the chief administrative officer of the Corporation.

(2) The Executive Director shall manage the administrative affairs and technical activities of the Corporation in accordance with policies and procedures that the Board establishes.

(c) The Executive Director, or the Executive Director’s designee, shall:

(1) attend all meetings of the Board;

(2) act as secretary to the Board;

(3) keep minutes of the proceedings of the Board;

(4) approve salaries, per diem payments, allowable expenses of the Corporation and its employees or consultants, and any expenses incidental to the operation of the Corporation; and

(5) perform the other duties that the Board directs in carrying out this subtitle.

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