Maryland § 18-1910
Full text of Maryland Maryland Code § 18-1910, with citation guidance and answers to common questions.
§ 18-1910.
(a) (1) The State Treasurer shall issue refunds as specified in this section.
(2) Unless authorized by the State Treasurer or under subsection (b) of this section, a refund may not exceed the amount paid into the Trust by the account holder.
(b) A refund equal to the same benefits as provided by the prepaid contract, minus any amount paid out of the funds of the Trust on behalf of the qualified beneficiary and for reasonable administrative charges, shall be made if the beneficiary:
(1) Is awarded a scholarship or tuition remission that covers benefits provided under the prepaid contract; or
(2) Dies or suffers from a disability which prevents the beneficiary from attending an institution of higher education within the time allowed by this subtitle.
(c) (1) A reduced refund of the contributions made to the Trust, as determined by the State Treasurer, shall be made if:
(i) The beneficiary does not attend an institution of higher education;
(ii) Benefits are not exercised under the contract within a time specified in the contract; or
(iii) The prepaid contract is canceled by the account holder.
(2) The time that a qualified beneficiary spends in active duty as a member of the uniformed services shall be added to the time period allowed to exercise the benefits under a prepaid contract before a termination under paragraph (1) of this subsection.
Frequently Asked Questions About Maryland § 18-1910
What does Maryland Code § 18-1910 cover?
Section 18-1910 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 18-1910?
A common citation format is "Maryland Code § 18-1910" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 18-1910 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.