Md. Code, Business Regulation § 11-1308

§11–1308.

Year: 2026Length: 132 wordsSubsections: 2Official source
The compact committee shall have the following voting requirements: (1) each official shall be entitled to one vote on the compact committee; (2) a majority vote of the total number of officials on the compact committee shall be required to: (i) admit another party state; (ii) issue or renew a racing license; and (iii) receive or distribute any funds; (3) a two-thirds majority vote of the total number of officials on the compact committee shall be required to adopt, amend, or rescind the bylaws; (4) all other actions by the compact committee shall require a majority vote of those officials who are present for the vote; and (5) no action may be taken by the compact committee unless a quorum of the officials on the compact committee is present for the vote.
Md. Code, Business Regulation § 11-1308: §11–1308. | Justis AI