Maryland § 7-402
Full text of Maryland Maryland Code § 7-402, with citation guidance and answers to common questions.
§ 7-402.
(a) (1) In this section the following words have the meanings indicated.
(2) “Social organization” means an association or corporation that is operated for a charitable, cultural, educational, historical, humane, industrial, medical, or military purpose.
(3) “State aid” means a contribution, grant, or subsidy of money from the State Treasury.
(b) (1) Each social organization that, by statute, is to receive State aid shall make an agreement:
(i) with the unit of the State government to which the money for the State aid has been appropriated; or
(ii) if the money is not appropriated to a unit, with the Comptroller.
(2) An agreement under this subsection shall:
(i) define the purposes and terms of the State aid; and
(ii) require the social organization to submit to the unit or Comptroller a report on expenditure of the State aid.
(c) (1) Unless the agreement sets another date for submission of the report, a social organization shall submit the report on or before September 1 after the close of the fiscal year in which the social organization received the State aid.
(2) The report shall:
(i) contain an itemized statement that fully and accurately accounts for how the State aid was spent; and
(ii) be verified:
1. by an officer of the social organization; or
2. for a military organization, by the commanding officer.
(d) After a unit or the Comptroller receives a report under this section, the unit or Comptroller:
(1) shall determine whether the social organization has spent and accounted for the State aid in accordance with the agreement; and
(2) if the unit or Comptroller finds inconsistencies between the agreement and the expenditures or operations of the social organization, shall give the Department of Budget and Management and, subject to § 2-1257 of the State Government Article, the Department of Legislative Services notice of the inconsistencies.
(e) To ensure compliance with this section, the unit or the Comptroller may audit the financial records of a social organization.
Frequently Asked Questions About Maryland § 7-402
What does Maryland Code § 7-402 cover?
Section 7-402 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 § 7-402?
A common citation format is "Maryland Code § 7-402" (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 § 7-402 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.