Maryland Code, ECONOMIC DEVELOPMENT 10-508
Terms Used In Maryland Code, ECONOMIC DEVELOPMENT 10-508
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) Title 10 and Division II of the State Finance and Procurement Article;
(2) laws governing the State Personnel Management System under Division I of the State Personnel and Pensions Article; and
(3) §§ 19-205 and 19-206 of the Local Government Article (Conditions upon Sale of Public Securities).
(b) (1) The Corporation is subject to:
(i) the Public Information Act; and
(ii) subject to paragraph (2) of this subsection, the Open Meetings Act.
(2) For purposes of the Open Meetings Act, a project site visit or educational field tour may not be considered a meeting of the Corporation if no organizational business is conducted.
(c) The Board and employees of the Corporation are subject to the Public Ethics Law.