Maryland § 7-326
Full text of Maryland Maryland Code § 7-326, with citation guidance and answers to common questions.
§ 7-326.
(a) In this section, “Fund” means the Public School Construction Fund.
(b) The Fund is a continuing, nonlapsing fund which is not subject to § 7–302 of this subtitle.
(c) The Fund consists of money transferred by the Camden Yards Financing Funds as required under § 10–652 of the Economic Development Article.
(d) The Treasurer shall separately hold, and the Comptroller shall account for, the Fund.
(e) Subject to the approval of the Interagency Commission on School Construction, money credited to the Fund shall be used only for public school construction projects and public school capital improvements consistent with the provisions of Title 5, Subtitle 3 of the Education Article.
(f) Money from the Fund may only be transferred from the Fund to the extent authorized by an appropriation as enacted in the annual State budget bill and is not subject to transfer by budget amendment.
(g) It is the intent of the General Assembly that the funds provided for school construction in the Fund be in addition to and not in substitution of general funds or any other funds provided in the Governor’s allowance for public school construction.
Frequently Asked Questions About Maryland § 7-326
What does Maryland Code § 7-326 cover?
Section 7-326 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 § 7-326?
A common citation format is "Maryland Code § 7-326" (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 § 7-326 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.