(a) The governing body of the county or a municipal corporation in the county in which a district is established under this subtitle shall:
(1) review the effectiveness and desirability of continuing the district every 3 years from the time the district is authorized by local law under § 12–604 of this subtitle; and
(2) develop policies and procedures for evaluating the desirability of continuing the district if requested by owners of nonexempt property in the district.
(b) If the continuing existence of the district is not approved by the governing body:
(1) the district shall cease to exist as directed by the governing body; and
(2) the district corporation shall continue its existence only as long as necessary to terminate operation in a reasonable manner.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 12 - Local Development Authorities and Resources
Subtitle 6 - Montgomery County -- Business Improvement Districts
Section 12-602 - Legislative Purposes
Section 12-603 - Applicability
Section 12-604 - Creation of Business Improvement District
Section 12-605 - Board of Directors
Section 12-608 - Application to Establish District Corporation
Section 12-609 - Public Hearing
Section 12-610 - Business Improvement District Tax
Section 12-611 - Expansion of District
Section 12-612 - Review and Determination of Continuance of District