Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS REGULATION |
TITLE 6. CHARITABLE ORGANIZATIONS AND CHARITABLE REPRESENTATIVES |
SUBTITLE 4. CHARITABLE ORGANIZATIONS |
§ 6-415. Restrictions on voting
Latest version.
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An individual who is a director, officer, partner, or trustee of a charitable organization may not vote to authorize, approve, or ratify a contract or transaction related to charitable solicitations if the individual has a material financial interest or a material conflicting interest in the contract or transaction.