Plain Text Law

§ 10–706

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 10-706 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 7. Maryland Venture Capital Trust

§ 10–706Copy Citation

(a)
The Trust is:
(1)
exempt from the General Procurement Law provisions of Division II of the State Finance and Procurement Article; but
(2)
subject to Title 12, Subtitle 4 of the State Finance and Procurement Article.
(b)
The Trust is exempt from the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.