§ 13-101. University of Maryland Global Campus
West's Annotated Code of MarylandEducationEffective: July 1, 2019
Effective: July 1, 2019
MD Code, Education, § 13-101
§ 13-101. University of Maryland Global Campus
(a) It is the intent of the General Assembly that the University of Maryland Global Campus:
(b)(1) There is a University of Maryland Global Campus which is not a new constituent institution of the University System of Maryland.
(c) The provisions of § 12-105(a) of this article do not apply to the overseas operations of the University of Maryland Global Campus. The institution may spend the appropriation without the approval of the Board of Public Works and without submitting a detailed budget schedule to the Board of Public Works.
(d) The University of Maryland Global Campus shall prepare an annual financial information statement for the next following fiscal year and shall submit the statement to the Department of Budget and Management each year before October 1. The annual financial information statement shall include for the next following fiscal year:
(e)(1) The interest or income from the investment of the funds of the University of Maryland Global Campus by the State Treasurer shall be credited to the University of Maryland Global Campus.
(f) The University of Maryland Global Campus may:
(g)(1) Each year the University of Maryland Global Campus shall cause an independent certified public accountant to prepare audited financial statements of the University of Maryland Global Campus in accordance with generally accepted auditing standards accompanied by the auditor's report on the statements.
Credits
Added as Education § 13-114 by Acts 1983, c. 555, § 1, eff. July 1, 1983. Amended by Acts 1984, c. 285, § 2; Acts 1985, c. 11, § 4; Acts 1985, c. 717, § 1. Renumbered as Education § 13-101 and amended by Acts 1988, c. 246, § 2, eff. July 1, 1988. Amended by Acts 1996, c. 349, § 13, eff. July 1, 1996; Acts 1997, c. 5, § 1, eff. Oct. 1, 1997; Acts 2005, c. 357, § 1, eff. Oct. 1, 2005; Acts 2016, c. 25, § 2, eff. Oct. 1, 2016; Acts 2019, c. 40, § 1, eff. July 1, 2019.
MD Code, Education, § 13-101, MD EDUC § 13-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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