§ 17-205. Executive director

   (a) Position and tenure. --

   (1) The Secretary shall appoint the executive director of the Commission from a list of 3 nominees submitted by the Commission.

   (2) The executive director serves at the pleasure of the Secretary.

(b) Qualifications. -- The executive director shall:

   (1) possess a broad knowledge of generally accepted practices in the real estate business in the State; and

   (2) be reasonably well informed of the general laws that govern agency and contracts for the conveyance or leasing of real estate.

(c) Employment restrictions. --

   (1) The executive director shall devote full time to the duties of office.

   (2) The executive director may not hold any position or engage in another business that:

      (i) interferes with the position of executive director; or

      (ii) might conflict with the position of executive director.

   (3) While employed by the Commission, the executive director may not:

      (i) be licensed in any state as a real estate broker, an associate real estate broker, or a real estate salesperson;

      (ii) engage in any act for which a license is required under this title; or

      (iii) in connection with any real estate transaction, directly or indirectly receive or become entitled to receive any fee, perquisite, or compensation.

(d) Compensation and reimbursement for expenses. -- The executive director is entitled to:

   (1) compensation in accordance with the State budget; and

   (2) reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.

(e) Employment classification. -- The executive director is a special appointment in the State Personnel Management System.

(f) Surety bond. -- While employed as executive director, the executive director shall be covered by a surety bond in the form and amount required by law.

HISTORY: An. Code 1957, art. 56A, § 4-205; 1989, ch. 3, § 1; 1993, ch. 22, § 1; 1994, ch. 3, § 13; 1997, ch. 743.