Section 5-408 - Joint membership with Maryland Economic Development Assistance Authority; actions.

§ 5-408. Joint membership with Maryland Economic Development Assistance Authority; actions.
 

(a)  Joint membership.- The members of the Authority are also the members of the Maryland Economic Development Assistance Authority under § 5-306 of this title. 

(b)  Actions - In general.- The members of the Authority may act concurrently in their capacities as members of the Authority and of the Maryland Economic Development Assistance Authority. 

(c)  Actions - Powers and duties.- The members of the Authority shall carry out the powers and duties of the Authority under this subtitle whether acting: 

(1) concurrently as members of the Authority and the Maryland Economic Development Assistance Authority; or 

(2) as members of either authority alone. 
 

[An. Code 1957, art. 83A, § 5-905(e)-(g); 2008, ch. 306, § 2.]