WILLIAM DONALD SCHAEFER, Governor Ch. 57

part of the net earnings of which inure to the benefit of any private shareholder or
individual holding an interest in such entity.

[(o)] (R) "Permittee" means any person or entity authorized and given the
exclusive right by the Maryland Historical Trust to excavate or disturb a submerged
archaeological historic property under the provisions of § 5-620 of this subtitle.

[(p)] (S) "Preservation" means the identification, evaluation, recordation,
documentation, curation, acquisition, protection, management, rehabilitation,
restoration, stabilization, maintenance, and reconstruction of a historic property.

[(q)] (T) "State Historic Preservation Officer" means the individual who
administers the State Historic Preservation Program under the provisions of the
National Historic Preservation Act of 1966.

[(r)] (U) "State unit" has the meaning set forth in Title 11 of the State
Government Article.

[(s)] (V) "Submerged" means beneath or substantially beneath the territorial
waters of the State.

[(t)] (W) "Submerged archaeological historic property" means any site,
structure, object, or remains which:

(1) Yields or is likely to yield information of significance to the scientific
study of human prehistory, history, or culture; and

(2) (i) Is embedded in submerged lands and has remained unclaimed for
100 years or longer; or

(ii) Is included in or has been determined eligible for inclusion in the
National Register of Historic Places.

(X) "TERRESTRIAL" MEANS RELATING TO ANY AND ALL LANDS
ABOVE THE MEAN HIGH TIDE LINE AND ABOVE ALL NONTIDAL WATERS.

[(u)] (Y) "Trust" or "MHT" means the Maryland Historical Trust.

[(v)] (Z) "Undertaking" means a project that involves or may lead to building
construction, building alteration, or land disturbance.

5-605.

The powers and duties of the Trust shall vest in and be exercised by a body of
fifteen trustees. The Governor of the State, the President of the Senate of the General
Assembly and the Speaker of the House of Delegates of the General Assembly shall be
by virtue of their offices three of the trustees with the same powers and duties as the
other trustees as hereafter set forth. The three ex officio trustees may delegate from
time to time any or all of their powers or duties to an authorized representative, the
Governor's representative to be a member of the Executive Department of the State of
Maryland and the representatives of the President of the Senate and the Speaker of the
House to be a member of the Senate and the House of Delegates, respectively. The

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