Maryland § 10-4C-04 - IN EFFECT
Full text of Maryland Maryland Code § 10-4C-04 — IN EFFECT, with citation guidance and answers to common questions.
§ 10-4C-04. IN EFFECT
IN EFFECT
// EFFECTIVE UNTIL SEPTEMBER 30, 2028 PER CHAPTER 322 OF 2022 //
(a) The Corporation shall adopt standards to award financial assistance under this subtitle.
(b) The Corporation may award financial assistance to:
(1) a local government;
(2) an agency, an instrumentality, or a nonprofit corporation that the local government designates; or
(3) a nonprofit entity operating or seeking to operate a makerspace in the State.
(c) To the extent practicable, the Corporation shall award financial assistance in a manner that reflects geographic diversity.
(d) A recipient of financial assistance under this section:
(1) shall provide matching funds or in–kind contributions for the project at least equal to the amount of financial assistance awarded; and
(2) may not utilize the financial assistance awarded for the operating costs of the makerspace after the first 3 years of operation.
(e) Unless two–thirds of the membership of the Board approves, the Corporation may not award financial assistance within a single county under this section that exceeds a total of $250,000 in a single fiscal year.
Frequently Asked Questions About Maryland § 10-4C-04
What does Maryland Code § 10-4C-04 cover?
Section 10-4C-04 ("IN EFFECT") 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 § 10-4C-04?
A common citation format is "Maryland Code § 10-4C-04" (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 § 10-4C-04 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.