Maryland § 10-435
Full text of Maryland Maryland Code § 10-435, with citation guidance and answers to common questions.
§ 10-435.
(a) A grant or loan awarded under this part is contingent on the recipient:
(1) submitting to the Commission approval from an institutional review board; and
(2) entering into a memorandum of understanding with the Corporation that:
(i) 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 of State-funded stem cell research; and
(ii) to the extent consistent with federal and State law, reflects the intellectual property policies of the institution.
(b) A recipient shall submit the approval required under subsection (a)(1) of this section within 6 months after the award of the grant or loan.
(c) The Corporation may not disburse grant or loan money to a recipient until:
(1) the recipient has obtained the approval required under subsection (a)(1) of this section; and
(2) the recipient and the Corporation have entered into the memorandum of understanding required under subsection (a)(2) of this section.
Frequently Asked Questions About Maryland § 10-435
What does Maryland Code § 10-435 cover?
Section 10-435 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 § 10-435?
A common citation format is "Maryland Code § 10-435" (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 § 10-435 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.