§ 10–4D-03
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-4D-03 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 4D. Human–relevant Research Fund and Program
§ 10–4D-03LinkCopy Citation
(a)
Subject to the provisions of this subtitle, the Corporation shall establish a grant and loan program to provide grants and loans for State–funded, human–relevant animal testing alternatives research.
(b)
A grant or loan awarded under this subtitle is contingent on the recipient entering into a memorandum of understanding with the Corporation that:
(1)
establishes the scope of the State’s ownership or other financial interest in the commercialization and other benefits of the results, products, inventions, and discoveries resulting from State–funded, human–relevant research; and
(2)
to the extent consistent with federal and State law, reflects the intellectual property policies of the Corporation.
(c)
The Corporation may not disburse grant or loan money to a recipient until the recipient meets the requirements of subsection (b) of this section.