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Section 25-305 - Officers; Surety Bonds — Maryland Law | CourtGPT
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  8. Section 25-305 - Officers; Surety Bonds
Maryland Legal Code

Section 25-305 - Officers; Surety Bonds

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(a) The board of directors shall elect a chair, a secretary, and any other necessary officer from among its members. (b) The board of directors shall obtain a surety bond for any officer or employee who is entrusted with money.