2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 5-103 - Transfer of funds


MD Econ Dev Code § 5-103 (2013) What's This?

§5-103.

(a) This section applies notwithstanding any other law.

(b) Subject to subsections (d) and (e) of this section, the Secretary may transfer money among any of the accounts that are:

(1) in the Department or subject to its control; and

(2) used to provide financial support of any kind.

(c) Subject to subsections (d) and (e) of this section, the Secretary may transfer money to the Economic Development Opportunities Program Account established under § 7-314 of the State Finance and Procurement Article from any of the accounts that are:

(1) in the Department or subject to its control; and

(2) used to provide financial support of any kind.

(d) A transfer under this section from the Industrial Development Fund shall comply with § 5-432 of this title.

(e) A transfer under this section shall comply with the amendment process for appropriations established by § 7-209 of the State Finance and Procurement Article.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.