Maryland § 9-202
Full text of Maryland Maryland Code § 9-202, with citation guidance and answers to common questions.
§ 9-202.
(a) (1) The Board consists of at least 17 members.
(2) The Secretary of the Department of Housing and Community Development and the Secretary of Commerce or their designees are nonvoting members.
(3) The Governor shall appoint at least 15 voting members.
(b) (1) Subject to the requirements of this subsection, the voting members shall be appointed and removed in accordance with the organizational documents of the Fund.
(2) At least two–thirds of the voting members shall represent:
(i) the commercial banking or savings institution industry in the State or other participants that have pledged or contributed money or other substantial assistance to the Fund; or
(ii) trade organizations consisting of or otherwise representing two or more members of the commercial banking or savings institution industry in the State or other participants that have contributed money or other substantial assistance to the Fund.
(3) At least 20% of the voting members shall represent community groups or other entities that may be eligible to receive community reinvestment assistance.
(4) The majority of voting members shall represent the groups described in paragraph (2)(i) of this subsection.
(c) A member of the Board may be a director or member or may have some other legal status required by or appropriate to the type of entity constituting the Fund.
(d) (1) The term of a voting member may not exceed 3 years.
(2) A voting member may be reappointed.
Frequently Asked Questions About Maryland § 9-202
What does Maryland Code § 9-202 cover?
Section 9-202 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 9-202?
A common citation format is "Maryland Code § 9-202" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 9-202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.