There is a newer version of the Maryland Code
2013 Maryland Code
STATE FINANCE AND PROCUREMENT
§ 4-507 - Proceeds from trade-in
MD State Fin & Pro Code § 4-507 (2013) What's This?
§4-507.
If the Department trades in surplus personal property for a replacement for the unit of the State government that declared the item excess, the Department shall give credit to that unit in the form of a reduced cost for the replacement property.
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