§ 7-11. Persons vacating position.

(a) In general.

Except as provided in subsection (d) of this section, an individual who, other than by reason of death, vacates a position for which an annual statement is required must file a departure statement with the Ethics Board.

(b) When to be filed.

The departure statement must be filed within 60 days after vacating the position.

(c) Scope of statement.

The departure statement must:

(1) be in the form and contain all of the information required for an annual statement; and

(2) cover a reporting period that includes:

(i) the calendar year immediately preceding the date of vacating the position, unless the individual already has filed an annual statement for that year; and

(ii) the part of the current calendar year during which the individual served.

(d) Exceptions.

A departure statement need not be filed if:

(1) an individual vacates a position to assume another position for which an annual statement is required under this subtitle; and

(2) the disclosure requirements of the new position are at least as extensive as those of the former position.