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§ 11-1308. Voting requirements

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 13. National Racing Compact (Refs & Annos)
MD Code, Business Regulation, § 11-1308
§ 11-1308. Voting requirements
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.

Credits

Added by Acts 2006, c. 180, § 1, eff. Oct. 1, 2006.
MD Code, Business Regulation, § 11-1308, MD BUS REG § 11-1308
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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