Maryland § 10-448
Full text of Maryland Maryland Code § 10-448, with citation guidance and answers to common questions.
§ 10-448.
(a) There is a Coordinating Emerging Nanobiotechnology Research in Maryland Fund in the Corporation.
(b) (1) The Fund is a special, nonlapsing fund that is not subject to reversion under § 7–302 of the State Finance and Procurement Article.
(2) The Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(c) The Fund consists of:
(1) appropriations as provided in the State budget; and
(2) any other money from any other source accepted for the benefit of the CENTR Maryland Program.
(d) The Chief Executive Officer of the Corporation, or the Chief Executive Officer’s designee, shall administer the Fund in accordance with this part and other applicable law.
(e) The Fund shall be used to cover the costs of the Program, including any grants that are awarded to eligible recipients.
(f) (1) The Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(2) Any investment earnings of the Fund shall be credited to the Fund.
(g) The Legislative Auditor shall audit the accounts and transactions of the Fund as provided in § 2–1220 of the State Government Article.
Frequently Asked Questions About Maryland § 10-448
What does Maryland Code § 10-448 cover?
Section 10-448 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 § 10-448?
A common citation format is "Maryland Code § 10-448" (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 § 10-448 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.