Maryland § 12-404
Full text of Maryland Maryland Code § 12-404, with citation guidance and answers to common questions.
§ 12-404.
(a) At least annually, an authority shall file with the custodian of records a financial report of its activities for the preceding year and recommend any further action by the political subdivision that it considers necessary or useful to carry out the purpose of this Division II.
(b) The political subdivision may require an authority to provide it with an annual operating budget and program reports that the political subdivision designates.
(c) The political subdivision or its designee may at any time:
(1) examine the books and records of the authority; or
(2) conduct an audit of the authority.
Frequently Asked Questions About Maryland § 12-404
What does Maryland Code § 12-404 cover?
Section 12-404 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 § 12-404?
A common citation format is "Maryland Code § 12-404" (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 § 12-404 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.