Maryland § 6.5-103
Full text of Maryland Maryland Code § 6.5-103, with citation guidance and answers to common questions.
§ 6.5-103.
(a) If the Secretary of State and the Attorney General find or have reasonable grounds to believe that a person has misapplied, diverted, or wasted a charitable asset or breached a fiduciary or other legal duty in the governance, management, or administration of a charitable asset, the Secretary of State and the Attorney General may enter into a settlement agreement that includes:
(1) payment by the responsible party of the value by which the charitable asset has been diminished; or
(2) transfer of the charitable asset to another charitable organization consistent with the charitable asset’s charitable purpose.
(b) The Attorney General may sue in the circuit court for the county in which the alleged violation occurred for an order that:
(1) restrains the responsible party from misapplying, diverting, or wasting a charitable asset in the State; and
(2) secures:
(i) payment of the value by which the charitable asset has been diminished; or
(ii) transfer of the charitable asset to another charitable organization consistent with the charitable asset’s charitable purpose.
(c) The remedies under this section are in addition to and do not limit the powers and duties of the Secretary of State and the Attorney General under § 6–205 of this article or § 6.5–102 of this title.
Frequently Asked Questions About Maryland § 6.5-103
What does Maryland Code § 6.5-103 cover?
Section 6.5-103 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 § 6.5-103?
A common citation format is "Maryland Code § 6.5-103" (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 § 6.5-103 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.