# State Finance and Procurement (GSF)

## Title 12. Organization and Supervision of State Procurement

### Subtitle 5. Disclosure Requirements Regarding Involvement in Deportations

#### Section 12-502

For the purposes of this subtitle:

(1) two or more entities shall be considered as the same entity if:

  (i) one entity is a wholly owned subsidiary of the other; or

  (ii) one entity owns or directly or indirectly controls more than 50% of the voting securities of the other entity, regardless of whether the equity interest in that other entity is owned by a foreign government; and

(2) if an equity interest in an entity is or was owned by a foreign government, that equity interest shall be attributed to the entity.

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Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)