Maryland § 13-104
Full text of Maryland Maryland Code § 13-104, with citation guidance and answers to common questions.
§ 13-104.
(a) In this section, “Fund” means the Small Business Development Center Network Fund.
(b) There is a Small Business Development Center Network Fund.
(c) The purpose of the Fund is to provide matching funds for federal grant funds and to support the operations of the Small Business Development Center Network in the University of Maryland, College Park Campus.
(d) The Fund is a special, continuous, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.
(e) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(f) The proceeds of the Fund shall be invested and reinvested.
(g) Any investment earnings of the Fund shall be credited to the General Fund of the State.
(h) The Fund consists of:
(1) Any money appropriated to the Fund;
(2) Any federal grant funds; and
(3) Any other money from any other source accepted for the benefit of the Fund.
(i) Money in the Fund may only be expended to support the operations of the Small Business Development Center Network.
(j) For the fiscal year beginning July 1, 2021, and each fiscal year thereafter, the Governor shall include in the annual budget bill a General Fund appropriation of at least $1,150,000 to the Fund.
Frequently Asked Questions About Maryland § 13-104
What does Maryland Code § 13-104 cover?
Section 13-104 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 § 13-104?
A common citation format is "Maryland Code § 13-104" (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 § 13-104 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.