§ 28-5. Board of Directors.

(a) Board to govern Authority.

(1) In general.

The Authority shall be governed and administered by its Board of Directors.

(2) Appointment; Terms.

The Board members shall be appointed and serve the terms prescribed by the Authority's Bylaws.

(b) Bylaws; Rules and regulations.

(1) Bylaws.

The Board shall adopt, and may amend from time to time, Bylaws, not inconsistent with the Charter or this subtitle, for the administration of the Authority.

(2) Rules and regulations.

Except as may be restricted by the Charter or this subtitle, the Board may adopt rules and regulations to carry out this subtitle.

(c) Officers.

(1) Of Authority.

The Bylaws shall provide for officers of the Authority, including a president, vice-president, treasurer, secretary, and any other officers deemed necessary or appropriate, and shall specify their qualifications, terms, and duties.

(2) Of Board.

The Board shall select from among its members individuals to serve as officers of the Board and may delegate to those officers the responsibilities the Board deems appropriate.

(d) Exercise of Authority's powers.

All powers of the Authority shall be exercised by the Board, unless delegated by the Board to 1 or more of the officers or to the Executive Director.