§ 6-327. Director Emeritus

MD Fin Inst Code § 6-327 (2019) (N/A)
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(a)    If the bylaws provide, a director emeritus may advise and consult with the board and aid the board in carrying out the board’s duties and responsibilities.

(b)    The bylaws shall provide for:

(1)    The number of directors emeriti; and

(2)    The qualifications for a director emeritus.

(c)    A director emeritus:

(1)    Shall be a member of the credit union; and

(2)    May not be an officer or an official.

(d)    A director emeritus may not:

(1)    Participate in any board or committee deliberations;

(2)    Make motions; or

(3)    Vote on any matter before the board.