Section 9-2601 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Board” means the Board of Directors of the Maryland African American Museum Corporation. (c) “Corporation” means the Maryland African American Museum Corporation.
Section 9-2602 – Established; Purpose; Public Nature
(a) There is a Maryland African American Museum Corporation. (b) (1) The purpose of the Corporation is to plan, develop, and manage a Maryland museum of African American history and culture in Baltimore City, in cooperation with and with the active support of the Mayor and City Council of Baltimore, affected State units, and other public and private […]
Section 9-2603 – Board of Directors
(a) (1) There is a Board of Directors of the Corporation. (2) The Board shall manage the affairs of the Corporation and shall exercise all of its corporate powers. (b) (1) The Board shall consist of 37 members, as follows: (i) the Mayor of Baltimore, serving ex officio, or the Mayor’s designee; and (ii) thirty-six members appointed by the Governor, as follows: […]
Section 9-2604 – Officers; Personnel
(a) (1) The Board shall appoint an Executive Director who serves at the pleasure of the Board. (2) 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 direct and supervise the administrative affairs and technical activities of the Corporation in accordance with […]
Section 9-2605 – Powers
The Corporation may: (1) adopt an official seal; (2) sue and be sued, plead and be impleaded, in its own name; (3) maintain offices in the State; (4) appoint museum advisory boards and other advisory boards and committees; (5) adopt bylaws for the regulation of its affairs and the conduct of its business; (6) apply for and accept grants, loans, or […]
Section 9-2606 – Strategic Plan; Annual Report
The Corporation shall: (1) prepare a strategic plan at least once every 5 years that establishes short-range and long-range goals, objectives, and priorities for the museum in support of its mission; (2) report annually to the Governor and, subject to § 2-1257 of this article, to the General Assembly on the Corporation’s activities during the preceding year, […]
Section 9-2607 – Earnings
Except for the net earnings of the Corporation necessary to pay debt service or implement the Corporation’s museum plan, the net earnings of the Corporation shall inure to the benefit of the State and not to any person.
Section 9-2608 – Taxes
(a) Except as provided in subsection (b) of this section, the Corporation is not required to pay taxes or assessments on its: (1) properties; (2) activities; or (3) revenue derived from its properties or activities. (b) If the Corporation sells or leases land or facilities to a private entity, the land or facilities shall be subject to real property taxes.
Section 9-2609 – Budget
(a) The Board shall prepare and implement an operating and a capital budget for the management of its affairs. (b) The Governor may include a grant to the Corporation in the State budget. (c) The Corporation shall support all operating costs, including personnel and retirement costs, from any General Fund allocations, and its other income sources. (d) This section […]
Section 9-2610 – Administration of Funds; Investments, Accounting and Controls; Audits; Reports
(a) (1) The Corporation may provide for the creation, continuation, and administration of the funds that it requires. (2) As the Board directs, money in the funds and other money of the Corporation shall be deposited in a federal or State chartered depository institution that: (i) is insured by the Federal Deposit Insurance Corporation; (ii) has a branch or office […]